The long term trend of Bitcoin is still down.
I took a quick short trade when Lazy Trend System indicators were aligned. As usual, my risk is always 1% for short term trade. The trade was closed at 3% profits.
The price is currently approaching the support zone of around 3980. If the price rebounce, there could be a potential short to mid term upside. If the price broke this level, we may potential see further sell down on Bitcoin.
I took a quick short trade when Lazy Trend System indicators were aligned. As usual, my risk is always 1% for short term trade. The trade was closed at 3% profits.
The price is currently approaching the support zone of around 3980. If the price rebounce, there could be a potential short to mid term upside. If the price broke this level, we may potential see further sell down on Bitcoin.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.