TradingView
Cryptoro987
Feb 15, 2018 11:18 AM

BTCUSD Short

Bitcoin / DollarBitfinex

Description

BTC slowly retracing to paint fourth wave. Heavy resistance above.

Waiting for confirmation at top of channel to close long position. Then prepare for short-side move.

Trade active

Long position was closed at 11,500.

As expected, resistance was not broken and we will continue down from here.

Congratulations to those who were patient. We are still in bearish move.

Important levels for possible bottoming patterns are 5000 and 3000.

Will update as necessary.
Comments
Targaryen
You were right! Congratulations :)
Will follow you
JessicaPeters
Thank you for the update.
More