We have reached our TARGET 1, but as shown in the chart, the pair could still consolidate in the short term. From a technical point of view, we must look at possible reversal patterns, which would tell us that the bearish trend is over, and it will be possible to look for a "buy opportunity". If you followed our setup, from the Money Management point of view, it is appropriate to take profits (or part of it).
BEARISH SETUP
If you think this analysis can be useful, leave a your comment or your LIKE! Thank you for support and trade with care!
評論
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The trend is still bearish and the pair has not reached the "technical C"..
@ZgarniamHajs, Hi, at the moment we can not exclude it.
Foster306
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Thanks for the update!
TheAnonymousBanker
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@pariss3, you're welcome!
akhalifeh
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@SignalSwiss
Please update us ASAP if you see reversal patterns. Closing the trade at this level would make me think that you see weak signals for bearish trend. please explain..
bosbalonus
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@akhalifeh, i believe they are trying to say; ladder your profits. If u have short position on btc usd its a good time to take some profit and start laddering your position until target 2. If it reachs target to take more profit and close more of your short position. If reversal pattern starts u can close ur whole position and you look for buy/long opportunity.
bosbalonus
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@akhalifeh, I take you are not margin trading, just waiting for to jump in from fiat to crypto. Weak or not market is still bearish. If you are sitting on usd, wait for a bull trend confirmation to enter dont jump in blindly.
akhalifeh
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@bosbalonus, some of my money are in bitmex so in btc. Unfortunately I didn't follow this post from the beginning so I'm not shorting. I'm waiting reversal patterns to open a long trade probably with margin..
akhalifeh
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@akhalifeh, I have also money in USD in other brokers and waiting the bottom to buy ETH that seems having much better performance in the long term.