BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
278 8 2
Trying to break through POC on falling volume , prepare your shorts. Stop loss - 12 000.
Things i do not like - on Gdax we still see a lot of buyers. Short carefully, no need to pay lot's of fees in case it will drop only tomorrow.
i assume this short around 13500-14000?
what do u think?
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TonyCryptano mohitfrequent
@mohitfrequent, anything can happen
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Why would it do that now?
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TonyCryptano philipjterry
@philipjterry, Volume is weak. But do not forget that anything can happen.
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philipjterry TonyCryptano
@TonyCryptano, even so I just can't see why it would fall so hard now in the middle of a reverse head and shoulders... the truth is probably in the middle somewhere? Will prob see a battle in that range for a while...
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TonyCryptano philipjterry
@philipjterry, the first leg is always tricky. Can be trap
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philipjterry TonyCryptano
@TonyCryptano, Still doesn't make sense what you are saying... fundamentally why would it have such a sharp drop in the middle of a recovery of a huge correction?
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TonyCryptano philipjterry
@philipjterry, I do not say drop will be sharp. Can form double bottom or drop to 8500
+1 Reply
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