We have broken below the 180 EMA with quite some strength in the move.
Right now we are below the cloud and looking to continue heading down until we find some support.
Possible areas of support:
We need to wait and see how price reacts around those areas, right now we seem to be holding 37.500 but we might continue the downtrend.
I'm opening a short at 37.610 with a STOP LOSS at 38.100 with a trailing stop of 5%
ALWAYS PRACTICE RISK MANAGEMENT
Right now we are below the cloud and looking to continue heading down until we find some support.
Possible areas of support:
- 37.500
- 36.000
- 34.700
We need to wait and see how price reacts around those areas, right now we seem to be holding 37.500 but we might continue the downtrend.
I'm opening a short at 37.610 with a STOP LOSS at 38.100 with a trailing stop of 5%
ALWAYS PRACTICE RISK MANAGEMENT
Zlecenie aktywne:
Almost touched my stop loss, you never know with Bitcoin!
So far profits are looking good 20% right now.
So far profits are looking good 20% right now.
Zlecenie zamknięto ręcznie:
Trade closed at 35488 at 15:42
Reason: Possible support at 35000 could bring buying pressure.
Reason: Possible support at 35000 could bring buying pressure.