YoungShkreli

Patience all - no trade zone

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello,

Gonna make this pretty quick again,

I have been stopped out for about a ~$100/btc short profit. I was not expecting the drop to be so weak. $6,000 is really being difficult. So, I am just going to wait for an indication. I recommend you do the same. There are a lot of leveraged shorts, and so that has me concerned. This feels a LOT like the one short squeeze we had in may or something like that. It had me surprised, but I was ready for it as per my strategy. I wrote an educational post about that, you can read it here:

Be careful out there people. It could go either way - so hold what you are most comfortable holding. Might be bitcoin , usd whatever.

Good luck,

-YoungShkreli
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Hey Sensei. Any thoughts on the large engulfing candle that’s forming on the 4hr and daily?
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@cheretic, cheritysan, yes, I made a post just now. No trading right now. That said, I am more bullish than bearish with this event.
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It was April
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@Lysergic, Thank you. I didn't bother verifying because I posted the link that had it in there.
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