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JaDeVin
Apr 7, 2018 7:24 AM

Up and Down 

Bitcoin / DollarBitfinex

Description

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.

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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.
Comments
JaDeVin
Nothing has happened during the day. Still waiting. Formation of shoulder continues ... reversal bar just emerged, but it is too early to go short.
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