Advised Bitcoin Trade Alert
www.advisedtrader.com
Heres the deal with bitcoins upcoming short trade
I think it is going to be falling into the lows of the weekly chart if it can get these buyers out of the market here.
It makes sense, because after the Fed, the market has digested all information, I mean if it hasn’t already…
And that would likely mean, the market is back to normal.
It seems like fundamental interaction.
High transaction risk
42800 stop
30000 target
41200 entry
Transaction Risk is Higher than putting a stop higher perhaps at 44500
Alternative is to wait for a VTL break in the upcoming day. It may require more actual risk as an expense for less transaction risk (distance from entry to stop, but probably much less transaction risk).
Any questions text me 8036363786
Derek