This post is to highlight a BTC/USD potential entry. Price action obtained via GoMarkets.
Potential Entry
| Item | Description |
|---|---|
| Position | Short @ 4173 (GoMarkets) |
| Status | Not Filled |
| Timeline | T2 |
| Confidence of the order being filled | 40% |
| Confidence of the trade | 60% |
| Initial Target | 39xx (rising 16MA) |
T1 - 0 - 2 Weeks | T2 - 2 weeks - 6 months | T3 - 6 months to 3 years
Technical Analysis
Price to short updated from 4283 to 4173, 110MA is 4174 (-22 points per day)
Disclaimer
While we believe in collaboration and working towards a common goal as good thing, it has in the past affected the way we trade so to keep this as consistent and drama free, we will not be replying to comments most of the time to keep this approach as streamlined as possible. You'll certainly see us making comments and upvoting other amazing posts though!