Bitcoin Still Aiming At $7,700 | Hit Or Bounce To $9.2K? | Trade

Bitcoin (BTCUSD) is still aiming lower. We have a short since $8200 and we think our remaining two targets will hit...

Bitcoin is trading below EMA300 on the daily time frame, so another leg down might happen before testing resistance back up... Here is the chart:

Below you can find the full details of our trade, remember that this is HIGH-RISK and not financial advice.

Leveraged trades are intended for advanced/experienced traders only. If you are a beginner, stick to the altcoins on Binance, Bittrex, Huobi, Poloniex, HitBTC, etc.

Thanks a lot for your support.

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Trade: SHORT XBTUSD (Bitcoin)

Leverage: 6X

Buy-in: $8,050 - $8,150

Targets:

(1) $7,900 |Hit (+14.58%)
(2) $7,800
(3) $7,700

Stop-loss: Close 4h candle above $8,195.

Liq. price: $9,652
(Buy-in calculated at $8,092)

Potential profits: 30.5%

Capital allocation: 6%.
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Make sure to hit like for more and to show your support.

Use the comments section below for questions and to share your charts.

Namaste.

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Previous analysis | Bitcoin's Next Move Short-Term ($7,700 or $9,200?)

Komen:

Targets:

(1) $7,900 |Hit (+14.58%)
(2) $7,800 |Hit (+22.44%)
(3) $7,700

Komen:

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AEBTC

Dagangan ditutup: sasaran tercapai:

We are going long now short-term, bounce starting to come in...

New updated coming.

Hit LIKE if you would like to see the FULL trade details as well for Bitcoin (XBTUSD).

Namaste.

Komen:

Bitcoin (BTCUSD) Starting To Bounce | Aiming for $8500 next?