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BTC Short Term Update; Staying Long - Then Shorting

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
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Holding long until 970 and 980, splitting up position.

Then Shorting 980/985 and 1000 1/3, stop 1036.28 for 1st target of 920 then 840.

If price holds 920 then I'll exit there.


Watch 950 there will be a large interest in shorts and bag holders looking to exit there, 200% extension + 50 fib, prior consolidation.

Comment: Only a "close" and hold under 915 would warrant closing longs or a break below 900, which ever came first. Still holding through this move down.

Trade closed: stop reached: Trailing stop on longs from 700 triggered at 900 moving to old chart idea.

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