CoinBrew is back: BTC trade setup for 6th November

[coinbrew]

Hi everyone,

After a week of some busy stuff, I'm back on Steemit.

So far, Bitcoin has shown a great momentum to break to the $6479 and now is trading around $6400

Chart XBTUSD by TradingView

From the chart, even Bitcoin is trading in a bull flag triangle, and the buy side seems to reduce the force, and we might see a massive drop from here to the lower support.

For now, I'm still holding my Short position, and I have set up a take profit from 6360 level, add a Long, and sell it back when it retraces to the higher ground. So far, today will be a correction day for Bitcoin.

I will share more about Steem and other top coins later. Stay tuned!

Comments

[steem-ua]

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