CoinBrew is back: BTC trade setup for 6th November

in #bitcoin6 years ago

Hi everyone,

After a week of some busy stuff, I'm back on Steemit.

So far, Bitcoin has shown a great momentum to break to the $6479 and now is trading around $6400

Screen Shot 2018-11-06 at 9.20.59 AM.png
Chart XBTUSD by TradingView

From the chart, even Bitcoin is trading in a bull flag triangle, and the buy side seems to reduce the force, and we might see a massive drop from here to the lower support.

For now, I'm still holding my Short position, and I have set up a take profit from 6360 level, add a Long, and sell it back when it retraces to the higher ground. So far, today will be a correction day for Bitcoin.

I will share more about Steem and other top coins later. Stay tuned!

Sort:  

Hi @coinbrew!

Your post was upvoted by @steem-ua, new Steem dApp, using UserAuthority for algorithmic post curation!
Your UA account score is currently 0.000 which ranks you at #111844 across all Steem accounts.
Your rank has dropped 3748 places in the last three days (old rank 108096).

In our last Algorithmic Curation Round, consisting of 243 contributions, your post is ranked at #242.

Evaluation of your UA score:
  • Only a few people are following you, try to convince more people with good work.
  • Try to show your post to more followers, for example via networking on our discord!
  • Try to work on user engagement: the more people that interact with you via the comments, the higher your UA score!

Feel free to join our @steem-ua Discord server

Congratulations @coinbrew! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 1750 upvotes. Your next target is to reach 2000 upvotes.

Click here to view your Board of Honor
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:

SteemFest³ - SteemitBoard Contest Teaser
The new Steemfest³ Award is ready!

Support SteemitBoard's project! Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.20
TRX 0.25
JST 0.038
BTC 96907.08
ETH 3380.66
USDT 1.00
SBD 3.23