Hello dear traders
Bitcoin ( BTCUSD ) on monthly chart its a double top
after breakdown of previous low so its a sell according to me
with very small stop loss risk reward is very favourable here
so sell BTCUSD near 69000
stop 70000
with minimum target 53300
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3500 point profit in second time today
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4000 point
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5000 point
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9300 point
total 13% fall happend in a single day after trade post
9300 point
total 13% fall happend in a single day after trade post
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69000 to 60000
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mkt broke channel so i am right with my sell decession
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i am only seller technically at high point
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Comment:
Monthly candle analysis, previous month candle is bearish engulfing
on short term 5 min chart
3000 point profit running in just 1 hour of post