[Mar 23, 2019] Potential Entry - BTC/USD
This post is to highlight a BTC/USD potential entry. Price action obtained via GoMarkets.
Potential Entry
| Item | Description |
|---|---|
| Position | Short @ 4283 (GoMarkets) |
| Status | Not Filled |
| Timeline | T2 |
| Confidence of the order being filled | 20% |
| Confidence of the trade | 70% |
| Target | 39xx (rising 16MA) |
T1 - 0 - 2 Weeks | T2 - 2 weeks - 6 months | T3 - 6 months to 3 years
Technical Analysis
Due to trading CFD and have no access to it over the weekend, the entry is put in place before the the weekend to capture any unlikely weekend/Monday open huge swing. To be re-evaluated next week.
Disclaimer
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