markanight

BTC Below the MA50 Day (BEARISH)

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BITMEX:XBTUSD.P   Bitcoin
BTCUSD

Hi everyone, first of all (nobody knows), i want to say that we should be bearish because price action is below MA50 D and of course below MA200 D, so we should expect more down, lets be clear, if price breaks MA50 we will have a nice rally to 8k(MA200D) but we are not so i am still bearish.

i will short BTC
Entry price: 7000
Target price: 5866
Stop Loss : DAILY CLOSE AVOBE MA50

MARKANIGHT

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