BTC - Short Term trade - Break out Imminent

in bitcoin •  7 years ago  (edited)

Hello all,

Here is a short term trade for the traders interested.

I'm proposing you again a triangle pattern because this kind of trade is not very risky.
Here is a view in life from my trading platform Bitfinex :

BTCBREAKOUT.jpg

As always no one can be sure of the direction that we will take but we will have for sure a break out.

So wait the start of the break out (be sure it is not a head fake), enter your position by following the trend and sold your position some minutes later with I hope a nice profit.

I wish you massive profits,
Cryptopassion.io

Disclaimer : Never invest more than what you can afford to lose. This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.

Version française ici : [FR] BTC - Trade court terme - Break out Imminent

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Trade finished my friends : $100 of profit per BTC done

BTCBREAKOUT.jpg

Well done ! Glad your guts paid off :)

I'll be sure to read your tips from now on, thanks !

Great article. Have upvoted you, please upvote me.

Hey Traider Dude.

Can you tell me what are the best exchanges or website to trade coins short?

Good Traiding!!

Bittrex is the best for trading . I hope you will try .

I use bittrex, there is no short traiding option?! At least i didnt found? Maybe you can explain how to trade short on bittrex?

I put the link in my publication. This is the one I use for scalping and day trading.
The best for me for this kind of trade.

Here is the link : Bitfinex

Can you please elaborate because tomorrow i was thinking of buying a bitcoin . What is triangle pattern ? Are you expecting bitcoin to go further down ?

That triangle pattern is indicative of a price breakout. It could go up or down from here. No one can know for sure.

When this price breakout will be happening ?

We will do it before the end of the triangle. Just keep an eye on the chart my friend

So should i go ahead and buy bitcoin tomorrow or wait for some time more ?

bitcoin is gonna go back up. now is a perfect time to buy.

I also believe so :)

If you get BTC for 5500$ get some, by 4900$ get some, by 3000 $ get more ;)

Hope i buy at good price tomorrow and it starts shooting upwards from day after tomorrow :)

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you are right

Btc will be going back up because people taking their profits form bitcoin cash

Well done Glad your guts paid off

I am sure to read your tips from now on thank you so much.