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$BTC Short 4hr TF with Supports & Resistances
I took 2 shorts on Bitcoin recently using supports/resistances at the local max (~$61,800) and psychological price levels that caused a bounce in the chart on the 4hr timeframe (60k, 58k, 57k, & 
54K)
A failed bounce at the $60,000 support caused me to enter the first short at ~$59,500. The first bounce at support occurred at ~54K which led me to close this short at ~$54,200. This trade netted a 98% gain with 10x leverage .
I missed an opportunity for a long at the next bounce off 54k. I also missed a chance to enter a short with a failed break of resistance at 60k. However, after a rejection at 58k I entered another short with an average price of ~$57,800. I intended to watch the price action at the54K support that BTC bounced at in my previous trade. It bounced there again so I closed the trade at ~$54,200 for a 66% profit with 10x leverage.
Check out my other ideas forBTC trades and analysis $$$
54K)A failed bounce at the $60,000 support caused me to enter the first short at ~$59,500. The first bounce at support occurred at ~
54K which led me to close this short at ~$54,200. This trade netted a 98% gain with 10x leverage . I missed an opportunity for a long at the next bounce off 54k. I also missed a chance to enter a short with a failed break of resistance at 60k. However, after a rejection at 58k I entered another short with an average price of ~$57,800. I intended to watch the price action at the
54K support that BTC bounced at in my previous trade. It bounced there again so I closed the trade at ~$54,200 for a 66% profit with 10x leverage. Check out my other ideas for
BTC trades and analysis $$$ 
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