Let's short "The King" (BTC) $8500 target

BITTREX:BTCUSDT   Bitcoin / Tether
Risk: Low
Please be advised that this is only an idea, so you are responsible for any losses yourself.

Dear followers,

First of all, many thanks for following and liking my ideas. I just started posting since this month and I see a rapid increase in the number of followers. I really appreciate it when you like my ideas, this helps me to reach more people and to provide you with even better charts. :-)

BTC has broken through its strong support (Yellow arrow) and big red candle appeared after it. I opened a short position and I will expand this position if we see a short term price recovery.

Target 1: 10700
Target 2: 8500

Resistances: Fibo levels, 50ma.

Please, follow and like for more trading ideas.

Questions? Feel free to ask and your feedback is welcome!
手動結束交易: BTC shows it's power and broke it's resistance. Click play button to see (dotted line)
How did you open a short position? Do you just mean you sold some of your BTC, or is there an BTC-inverse altcoin I am not aware of? And on which exchange? Thank you.
+2 回覆
robinpapa BillyStaples
@BillyStaples, Curious about this as well. Does an exchange exist where going short is possible?
+1 回覆
Jelmerrr robinpapa
@robinpapa, @BillyStaples I use differtent Dutch brokers for this. So I don't open these positions on a crypto exchange, but I do my long positions. What I know they offer this opportunity is Saxobank, but there are many more. You also can search for a cfd-broker, but be warned that these are high-risk intstruments.
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