altcoinbonanza
Short

Closed short on Playing the channel under the Triangle

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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OK. Made a nice small gain on a short position and then right after I sold there was a spike in price. So got out in time.
Man, I'm not real technical but just made my play on bitcoin reaching a high on this channel and looking at the sellers and buyers (at current time) and realizing that this could make a drop again. I was wrong in the timing and it wasn't until a little later that Bitcoin did dip low enough for me to walk away with a small gain. I do look at my MACD and depend on the trend lines.
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Can you share more details about your multiple ema strategy :)
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