Bitcoin - Position in the opposite direction of the trend
#BTC (#Bitcoin), Analysis base on Shadows War method
Hello traders,
If you Like this Analysis, Please Like it for more Support…
The Major trend of BTC is Up Trend on Daily time frame.
But in H4 and H1 time frame Trend is DOWN and it seems that Downtrend is going to ended and price will get back to Up Trend.
So taking a short position is very dangerous and you have to be careful and you have to manage your money.
If price can Break the Demand Zone (Valid Break out), you can get a Short position, but if Break the Supply Zone, it's mean you should think about LONG positions.
So if you want to sell bitcoins, please be very careful.
Good LUCK...
Hello traders,
If you Like this Analysis, Please Like it for more Support…
The Major trend of BTC is Up Trend on Daily time frame.
But in H4 and H1 time frame Trend is DOWN and it seems that Downtrend is going to ended and price will get back to Up Trend.
So taking a short position is very dangerous and you have to be careful and you have to manage your money.
If price can Break the Demand Zone (Valid Break out), you can get a Short position, but if Break the Supply Zone, it's mean you should think about LONG positions.
So if you want to sell bitcoins, please be very careful.
Good LUCK...