BTCUSD trading idea - short

in bitcoin •  last year

The current uptrend on 1h, 4h and daily charts looks tired and we might enter a correction phase for a few days.

Here is a possible short trade ( Bitstamp chart):

Short on a break of 4350 support
Target 1: Trend line from 300 bottom (estimate around $4260)
Target 2: $4100
Stop: $4400

Tip Jar
BTC: 3NXZs2R6QxMVKJqJCo6wbgs5EZfEirJt3w
LTC: MRcQ6Kxg634qEyq8LewJALUgzdm7DJc8Kr

download.png

https://www.tradingview.com/chart/BTCUSD/UWMznDRl-BTCUSD-short-idea/

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