Bitcoin
Short

Bitcoin Short Trade Set up.

92
#XBT Broke down from a multiday range on good volume. This is a pullback continuation setup. These trades often get stopped out, but I am trying to be as conservative as I can. Please do not use more than 1.5% of your capital on this trade. If the price does not reach your short limit order, let it go, do not chase this trade. Many expect a bounce of $9400-9000 support zone, I don't. There will be some reaction, but I expect a lower support zone to fail. Anyhow, please use the stop loss on your short and take profit at the next support zone. Risky trade!!!! Good luck.

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