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electo
Aug 11, 2017 3:26 PM

Time to Short the Corn Again - Bitcoin - BTCUSD Short

Bitcoin / U.S. dollarBitstamp

Description

opening a small short position here because we are now on the weekly top again. There have been no corrections, and this is not healthy. If it breaks both the red arrow and green arrow and confirms on the daily - convert position to Long.

Comment

please dont hate me

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4Hr goes to 3660 and dumps.

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Timber

Trade active

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Trade active

Stop loss at 4500

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Trade active

Still waiting for correction.

Trade active

Seems to be following the last chart i posted. Patience is key.

Trade active

There will be blood in the streets.

Trade active

Still some room to do down.

Trade active

There we go. Took profits here. Still short with a small position. Next TP 3580

Trade closed: target reached

Bitcoin reached my target at 3600 and I have closed my short for now. Will see again what happens after segwit.
Comments
STOPTHISFUCK
hello im from 2019 3400 is verry bottom
thanks
electo
Bounced off the weekly trend.
electo
it went a bit higher than my liking ... but sure enough ... dropped at the TL.
pj77
LOL nice short
UnknownUnicorn1159425
Chance to fall to 2600 , uuuuuuuuuuiiiiiii
mc77
I think 3600 is the top, but I also agree. it's time to short
crypto_newton
Agree.. Time to relax a little for BTC)
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