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madyanmalfi
Jan 24, 2019 8:17 PM

3 Reasons why I am short on BTC right now ! Short

Bitcoin / DollarBitfinex

Description

3 Reasons why I am short on BTC right now are :

1- we never got higher high since we went up to around 20K , and until I see higher high I will still be bearish .
2- Last 2 times we touch support in BTCUSDTSHORTS we got selloffs .
3- Almost every time we got cross on Stoch RSI we followed buy selloff .

At the end no mater how I flip chart and try as much as I can to be bullish right now I don't see any signs , So I am going to be bearish in longterm until I see good signs , Properly a higher high.

Please have a look at what I have mentioned above and let me know your thoughts.
Thanks.
Comments
ridethepig
I like the way you are thinking, good luck. Already short here looking for 2200-2300.
madyanmalfi
@ridethepig, Thanks for your comment , and good luck to you too .
WBM_Team
BTC – be wise, be like John – 90% gain effortlessly in 5 weeks
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