The /BRR (Bitcoin futures) short trade hit my what was stated as my “minimum & preferred” price target last week for a quick gain of approximately 10%. So far we’ve had the typical reaction off the initial tag of that second & ‘minimum preferred’ swing target with Bitcoin futures bouncing back to the first target around 60800, which provides another objective short entry or a re-entry for active traders that opted to cover a short & reverse to a long position for a bounce off T2 as the 54750ish level remains the third & final target at this time. Screenshot from Thursday’s video first highlighted /BRR as a short setup with a sell signal to come on a break below the uptrend line & intersecting 64380 support level followed by today’s updated chart below.
BRR video screenshot Nov 11th
BRR 60m Nov 16th