TheChallange

Short bitcoin till 8 or 9k range!

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TheChallange Atualizado   
BITMEX:XBTUSD.P   Bitcoin
A quick post, I will tell more details soon! Wanted to share the trade quick.
Comentário:
Last few months we made an impulsive wave. A correction of 50% of the wave would be normal and healthy. Corrections are mostly done with an ABC corrective pattern.

Target of the short would be around the 8 till 9k USD range for a target we could also watch EMA 100 on the daily chart. You should set a stop-loss above 11.7k. Because it would invalidate the trade and in that case we're probably breaking out the to the top side.
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