Bitcoin - Intraday B&R Presenting Short Opportunity
Trade Pair: BTC.USD
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short ( Breakout Required )
BTC.USD updates will be available in the comments section below.
Additional Information:
Although i expect a bullish run to occur in the coming week's testing $11,600 i will take advantage of a quick short opportunity should it occur on the intraday TF's.
As many will know being one step ahead of the market is the key, the above analysis presents a short opportunity should price break support, should this support not be broken then the analysis should be neglected.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
Time Frame: Daily, 4hr, 1hr & 5min
Predicted Direction: Short ( Breakout Required )
BTC.USD updates will be available in the comments section below.
Additional Information:
Although i expect a bullish run to occur in the coming week's testing $11,600 i will take advantage of a quick short opportunity should it occur on the intraday TF's.
As many will know being one step ahead of the market is the key, the above analysis presents a short opportunity should price break support, should this support not be broken then the analysis should be neglected.
The brief trade analysis presented above is my predicted direction and requires multiple different indicators and confluence factors prior to validating a trade opportunity.
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