Bitcoin Short and Long Setups
Relative to altcoins bitcoin is weak. BTCDOM is going down and TOTAL3 is up (ideas later).
however, I still think that bitcoin could try for higher after a retrace.
I think it is less risky to short then to long bitcoin, but this long is still viable
Trade Idea:
Entry: 30,620 USDT
SL: 30,240 USDT
Target: 32K
TP: 31K, 31.5K 32K
R:R: 1:3.5 only if last target is hit.
however, I still think that bitcoin could try for higher after a retrace.
I think it is less risky to short then to long bitcoin, but this long is still viable
Trade Idea:
Entry: 30,620 USDT
SL: 30,240 USDT
Target: 32K
TP: 31K, 31.5K 32K
R:R: 1:3.5 only if last target is hit.
