BTC/USD (Bitcoin overview)

The price was moving up last 3 weeks without powerful volume. That's why I think it was just a pull back.
Also, cryptocurrency rate bounced several times from key level $7289.

2 Days ago the price made a fake broke of that level with high volume. For me it is a signal for future price decreasing.

Fundamental news also tells that the price will move down, because SEC (Security Exchange Commission) will clean up the cryptocurrency market. It is another signal that big players will not start trade it.

I recommend open a Sell near $7274
S/L: $7467
T/P: $6279

CCL — Candle created level
CAP — Candle Approved Level
FB — Fake broke

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İşlem aktif:

The price is so close to the Take profit zone.

Write a comment please, what do you think about this trade?

İşlem elle kapatılmış:

Closed 50% of position

İşlem kapandı: hedefe ulaştı:

The price hit Take Profit