JaDeVin

Up and Down

JaDeVin Updated   
BITFINEX:BTCUSD   Bitcoin
Awaiting next short opportunity for swing trade.

Trade carefully!

Since stock market is shaky and threatened by trade war repercussions, investors may likely turn to Bitcoin 3.65% again.

No indicators shown.
Comment:
Nothing has happened during the day. Still waiting. Formation of shoulder continues ... reversal bar just emerged, but it is too early to go short.
Comment:
False or true breakout?
Comment:
I am so happy that I didn't go short over all these days, despite there had been the mentioned reversal set-up two days later. At this time I began to worry about any short position because the public news covers shorting of Bitcoin as profitable strategy. Short squeezes are very bad.
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