Rennzzz
Short

Shorting BTC here

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
45 views
0
45 1
Levels marked on chart.
I just entered in a hurry but will explain the reasons I took this in the comments
Trade active: Taking 1/3rd off here at 6490 stops lowered to BE
Trade closed: target reached
There is obviously heavy selling at this level (6760-6820), not a single hourly close even above 6760 which is exactly last week's open as marked on the chart.

The weekly open 2 weeks ago acted as strong resistance last week too as mentionned in the chart.

We're still in a bearish trend and I believe it is distribution happening again.

Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out