Mendenmein-Capital

BTCUSD - Volatility Warning SHORT

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BITFINEX:BTCUSD   Bitcoin
Hello dear Crypto Fans

I wanted to give everyone a quick update, about my viewpoint on my BTCUSD Short. BTCUSD
Right now we are trading inside a huge triangle, which will break out very likely in the next 7 days.
I am still expecting a drop to 7200, but i don't want to risk more than needed.

The situation, in which we are, is very dangerous.
Because of this i placed my Stop-Loss above the orange Wave 2, to minimize the risk in this trade.

Let's see what the next Days have ready for us!

My Trade Setup

Short at: 9316$
Profit Targets: 7900$ -> 7200$
Stop-Loss: 9522$
Dagangan aktif

If you should have any questions regarding our analysis or elliot wave counts feel free to contact us.
Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.