Bitcoin
Short
Updated

BTCUSD Bitcoin - Short Sell

Everyone is Long.


Based on Trader sentiment "This must be the bottom" I am shorting still


The $30,000 Level has held and rejected perfectly, breaking about this will not be ideal now.

Positions taken here could be held into the lows of 25K
Automated trailing stops following an MA is the best way to be safe.






Note
The formation is clear

snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.