Bitcoin Short Opportunity

Price reached 2900.00 level and we have good short opportunity. There are such reversal signals like a bearish divergence and a double top chart pattern. Entry level for short trades should be below the local swing low - it's 2600.00 level. Stop orders must be placed above 2900.00 level. Profit target is 2300.00 level and if price drops below, we'll have good an exit level at 2000.00 level.
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Good call! Thank you!
Nice call.

thanks for the warning!
2300 -0.67% and 2000 prediction is using fibonacci, yes ? btw, excellent idea !
DLavrov joshuaevano
@joshuaevano, I use round numbers for resistance and support levels. As for Fibo - it can be like you wrote. Thank you for your comment )
It seems btc only going up
DLavrov Luger82
@Luger82, yes, we have strong up trend. But dont's firget that sometimes we can see correction waves and trend reversal.
bonnzer DLavrov
@DLavrov, so, will BTC continue this trend, what do you think?
DLavrov bonnzer
@bonnzer, don't forget that it can be a fake breakout. If price really moves higher, 3000.00 will be a possible reversal level.
bonnzer DLavrov
@DLavrov, ohhh.. no one "fake" breakouts so long time... I'm tired of trying to short )
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