Bitcoin / TetherUS
做空

Bitcoin. Is the correction over?

259
In the last idea we looked at the downside scenario with targets 28850, 28300 and 27600, practically the price reached the last target without reaching 0.5%, as a result the decline was about 5%. I was waiting for an entry point around 29600, but ended up selling around 29350. At the moment I think that this movement has some chances to continue, and we might see some decline to 27600 and 26700, but I am not going to keep the short position, so I closed above zero at the current prices. If the rally down will not happen, I would like to see the formation of some consolidation, and at an exit from it, maybe some trades will be opened.

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