Bitcoin short idea
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Hello everyone this is my bitcoin idea on 4 hour time frame ..
Price was trading between red line and green line ...
Price closed below green line we open short trade for our targets below ... our stop loss we prefer 4 hour candle close above red line or as shown in the chart ..
for any question feel free to ask :)
also another indicator to support our idea is the RSI you can see price had a bearish breakout ..
Price was trading between red line and green line ...
Price closed below green line we open short trade for our targets below ... our stop loss we prefer 4 hour candle close above red line or as shown in the chart ..
for any question feel free to ask :)
also another indicator to support our idea is the RSI you can see price had a bearish breakout ..
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in 1 hour time frame we have a bullish breakout .. risky for shorts
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