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Leo_Khall
May 25, 2020 4:56 AM

BTC USDT 'Where we are : Good or Bad for positioning?' Short

(BITTREX:BTCUSDT+BITTREX:BTCUSDT+BITTREX:BTCUSDT)/3240
(BTCUSDT+BTCUSDT+BTCUSDT)/3Bittrex

Description

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It broke the upward trend that has been going on ever since April.

It is likely to be moving to give us a good position to trade.

Staying for a moment, we are going to make a purchase plan at the price range of 7,000 to 7,400.

We will continuously persist "SHORT" until getting out of this 'downward' trend.

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Plan (mid-term)

entry. current(9060) ~ 9180
(We've entered in the morning)

target
8888 (reached)
8530
8250
7905 ~ 7800
7400

stop. 9320

Trade active

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Trade active

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It seems possible to proceed to the sideway

Trend AnalysisHarmonic PatternsChart Patterns
Comments
OxEconomist
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There is a new CME gap at 9.1 + cme futures expiry on Friday. My guess the market might rebound to 9K level for another week to close the month in green.
Leo_Khall
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@kenshintani, That is reasonable. If required condition, rebounding is a possible idea, too.
Sarim3195194
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Agree nice work
Leo_Khall
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@Sarim3195194 Thank you.
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