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Evening Trading Recommendations:
Tonight, CPI news pushed Bitcoin to around 89,400 on the daily chart. After the news... it is still expected to mainly trend downward... Recent market conditions are expected to fluctuate mainly in the 85,000-90,000 range, so consider shorting high and buying low...
The trend order continues to favor shorting on rebounds...
Bitcoin will eventually break below 85,000 to around 81,000.
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Tonight's Trading Suggestions:
Short in batches within the 88,888-89,555 range for Bitcoin
Short in batches within the 2976-3033 range for Ethereum...
Stop loss 1000/60 points
Take profit 2000/80 points per position
If broken, continue to move down with stop loss at previous lows
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These past two days, the veteran trader has been busy and hasn't streamed.
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