I closed my previous BTC-idea manually, but then I saw this and I reopened my short positions.
We saw a quick recovery of BTC ( Coinbase news) today and I think we can go down again now. BTC bounced it's fibonacci 0.6118 level perfectly. If you open this trade now we have a minimum risk and a great reward. If we are right, we have almost opened this trade at the top, and we will make a lot of money. If we aren't right we will lose a very small amount. The risk/reward ratio makes this trade a great oppurtunity.
Target 1: 12400 Target 2: 10700 Target 3: 8500
SL: 17100
These are the trades I like the most.
Good luck!
Resistances: Fibo levels, 50ma.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
great prediction from you, but it might seem nobody listened to this haha. Hope you made a lot from this trade, cheer mate!
Trades999
⋅
@DuyNguyen0205, Thanks mate. That's why we never trade in a straight line. :P I've reached all targets in this one :). I posted a new short idea about BTC. You'll find it in my channel.
drprem98
⋅
Tolltally wrong it will go opposite
onaivas
⋅
You really shorted this?
pcbjai
⋅
Sorry, bit of a noob here and may be misinterpreting your advice. So are you saying to sell now while it's high (If we have any) with the hopes that it may go as low as 8500, and then buy as it reaches it's lowest point?
Thanks for the ideas, they are well formatted for the most part, and I can see them improving all the time :)