HodlBeer
Short

BTCUSD(4H) Short TP 7768, SL 9300, R/R 5.26

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
Currently Bitcoin broke the trend line from march 12th low and is headed towards 7768 which would act as a support. To confirm our trade we can look at EMAs and RSI .
Currently 20EMA is above 10EMA which indicates bearish trend
and RSI is below 50 range which is used to confirm the short bias.
We'll place our stopless at 9300.

Comments

I agree.
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