Dear traders,
Looking at BTCUSD I see a big opportunity to trade short. I am already quite a bit in profit. I expect my trade to reach the 4H SSL before finding short term support and evaluate whether we bounce back or continue trending downwards.
Looking at the daily timeframe I expect price to continue going down looking at market conditions. Rather than seeing it as a sell-off I would say market is correcting a bit, follow the over-positive uptrend move of last weeks.
Best regards
Kevin
Looking at BTCUSD I see a big opportunity to trade short. I am already quite a bit in profit. I expect my trade to reach the 4H SSL before finding short term support and evaluate whether we bounce back or continue trending downwards.
Looking at the daily timeframe I expect price to continue going down looking at market conditions. Rather than seeing it as a sell-off I would say market is correcting a bit, follow the over-positive uptrend move of last weeks.
Best regards
Kevin