Short where you want, long where you like to. Last down move could be coming. Shorts may work out. However, if you've followed my previous chart which had shown all the possible role reversing level ( Resistance into support ) We've just touched the line and going back up again. I've known some traders bought in at the 1000s Level and you might want to hold even...
it is a possibility to sell bitcoins now after that drop and a retracement. best look at price action to confirm a sell. open 3 trades not only 1. take profit of 1/3 around the low of the drop and move stops of the rest 2/3 to breakeven. take profit of another 1/3 around the red price trendline. let the last 1/3 run. if this is a start of a downtrend (yeah, i...
Short it! ;) Pink lines are targets, at green line is entry for short. Red Line for Stop.