The3eyedFrog

The inevitable fall of BTC.

Short
The3eyedFrog Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC is getting squished in between EMA 8 and the 20k support. The momentum is still bearish. Never happened before doesn't mean won't happen again. Keeping an eye.. 16-17 K looks like a nice support area for now.
Comment:
12K is still in the picture.
My strategy:
10 percent at 16500
10 percent at 15000
15 percent at 14000
15 percent at 13000
20 percent at 12000
30 percent cash (for emergency)
Comment:
At 18k now..will break that wall soon.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.