Trading Signal: BITCOIN SHORT TERM TRADE
While the RSI and the MACD is showing a bullish trend here - we are approaching an important sell in bitcoin. I have set the price in three points to short bitcoin. I'm going to ride this short to 5250 at what point I'll cut my losses if it keeps going up. I'm pretty sure not.
It should be a nice short down to 3800, 3500 and maybe 3200 levels. Best of luck. As always use Stop loss. A good strategy is to maintain a 10% trailing stop.
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