Spicyy

30th August 2019 : Short BTC

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Spicyy Uppdaterad   
BITMEX:XBTUSD.P   Bitcoin
BTC had quite a strong sell off taking out the lows of the last 2 weeks. The way price is stalling right now is evident that profit-taking is occurring. Since the start of July, the $9650 level has been pretty solid. Every time price deviated below that level it has resulted in a strong buying reaction...

However we are here again for the 4th or 5th time which is why I am not really expecting a big rally off this level anymore. I believe we're going to see a new low before the month ends!
Trade stängt: Stopp nått:
Stopped out -1R.

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