Educational Analysis says BITCOIN BTCUSD may move in this range for some time according to my technical. Broker - bit stamp This is not an entry signal. I have no concerns with your profit and loss from this analysis. Why this range? Because the 15-minute time frame has made Change of Character show signs of weakness of the bull run, maybe head short selling for discount level in 4 hour time frame, plus 1 min time frame has turned bearish also has Change of Character look on So I will be trading this pair for a 1:15 risk-reward ratio for short selling. Let's see what this pair brings to the table in the future for us.
Btc Short at 69,196 Stop loss at 69,556 Take profit at 63,409
Please check the Comment section on how it turned out for this trade.
I HAVE NO CONCERNS WITH YOUR PROFIT OR LOSS, Happy Trading, Fx Dollars.
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