$BTC #BTC
SHORT idea, fresh setup for 29 October
Entry: 79,800 to 80,100
Stop loss: 80,800
Target 1: 79,000
Target 2: 78,000
Bitcoin has flipped since the morning. It is near 79,850, down about 1.3 percent, after losing the 80,000 level it reclaimed after the Fed hold. The day range is about 79,890 to 81,700, so price is now pressing the low. A short while price stays below 80,100 favours a move toward 79,000. Above 80,800 this idea fails, so keep size small into the PCE and GDP data later today.
Futures trading is risky. Trade small, manage your risk, and do your own research.
#Bitcoin #Crypto #FuturesTrading #TradingSignals
Follow for more trades.
SHORT idea, fresh setup for 29 October
Entry: 79,800 to 80,100
Stop loss: 80,800
Target 1: 79,000
Target 2: 78,000
Bitcoin has flipped since the morning. It is near 79,850, down about 1.3 percent, after losing the 80,000 level it reclaimed after the Fed hold. The day range is about 79,890 to 81,700, so price is now pressing the low. A short while price stays below 80,100 favours a move toward 79,000. Above 80,800 this idea fails, so keep size small into the PCE and GDP data later today.
Futures trading is risky. Trade small, manage your risk, and do your own research.
#Bitcoin #Crypto #FuturesTrading #TradingSignals
Follow for more trades.
