Bitcoin
Short

Bitcoin: ¿Ongoing HS? ¿Last chance for buy?

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Keeping last idea we published, BTCUSD tested long term downtrend without success. Right now we can wait for a new HS formation to make a new bearish movement until 9 - 8200 zone.

So, right now we are going to place short positions from 10.700 to 11150, with target to take profit at 10k, and 9k. Stop loss of this strategy 11250.

Just be careful about targets below of 61.8% retracement. Could be very dangerous on mid term going down 8k.

Good trades for all!
Trade chiuso: obiettivo raggiunto
1st tgt 10k reached. Take profit done.

for the other amount take profit at 9, and SL at 10350 (point of invalidation of HS pattern).

good trades!
Trade attivo
Still active until 10450. After that point (closing 4H candle up to that point) HS pattern will be invalidated
Trade attivo
going . to 9/8k
Trade chiuso: stop raggiunto
stop reached. to invalidate all bearish scenarios we must break 10960 (closing daily candle up of that). right now out waiting.
analysisBitcoin (Cryptocurrency)BTCBTCUSDChart PatternsCryptocurrencyshortTrend AnalysisWave Analysis

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