BTC short, great risk/reward. $8500 target.
Risk: Low
Dear followers,
I closed my previous BTC-idea manually, but then I saw this and I reopened my short positions.
We saw a quick recovery of BTC ( Coinbase news) today and I think we can go down again now. BTC bounced it's fibonacci 0.6118 level perfectly. If you open this trade now we have a minimum risk and a great reward. If we are right, we have almost opened this trade at the top, and we will make a lot of money. If we aren't right we will lose a very small amount. The risk/reward ratio makes this trade a great oppurtunity.
Target 1: 12400
Target 2: 10700
Target 3: 8500
SL: 17100
These are the trades I like the most.
Good luck!
Resistances: Fibo levels, 50ma.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
Dear followers,
I closed my previous BTC-idea manually, but then I saw this and I reopened my short positions.
We saw a quick recovery of BTC ( Coinbase news) today and I think we can go down again now. BTC bounced it's fibonacci 0.6118 level perfectly. If you open this trade now we have a minimum risk and a great reward. If we are right, we have almost opened this trade at the top, and we will make a lot of money. If we aren't right we will lose a very small amount. The risk/reward ratio makes this trade a great oppurtunity.
Target 1: 12400
Target 2: 10700
Target 3: 8500
SL: 17100
These are the trades I like the most.
Good luck!
Resistances: Fibo levels, 50ma.
Please, follow and like for more trading ideas.
Questions? Feel free to ask and your feedback is welcome!
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