JanisKupsis

BTC is slowing down mightily

Short
JanisKupsis Updated   
BITSTAMP:BTCUSD   Bitcoin
to me this is first little entry to short side with a quick stop. If we need a rest period which tends to materialize in September this should be it. I wont go into much detail about fibs about small TF hfv failing about kind of a flat floor and so on so on. A small speculation entry. I do see a HS starting to form. I might be wrong. target of course can be adjusted if the idea is right in the first place. Reversals are death though.
Trade closed: stop reached
Trade active:
lets play again
Trade closed manually

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.