BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Bitcoin             wants to test the 5400/5450 level again. I have missed my entry point for this short opportunity myself (i was distracted), but if it pulls back to around 5700 (probably 5720) i will go short!
I will make it a bit more risky by adding a trailing stop of 100 points when it nears the first target. I think there is a big chance it will drop out of the consolidation between 5400/5800. Main reason, seems like the whole world is only looking up the last few days. Good Luck


entry short 5700
stop 5820
first target 5450
second target 5100/5000.


P.S. I went short already on 5645, with half of my normal position. when it reaches the 5700 i will add more to my short
Comment: The other half of this trade has been added
Comment: second wave down can come any minute now :)
Comment: I have just added a few shorts to my position at 5635, it's looking good
Comment: Bitcoin is closing in on the firt target zone, i have lowered the stop for 1/3 of my position (the extra postition i added on 5635) to 5535, i suspect wil will see the 5400 within a few hours, but i could happen much faster. When it will reach the 5400, i will close that 1/3 of my position and lower the stop for the rest to 5610 to ensure some profit. This my goal is 5000/5100 and i think it's worth the risk, good luck
Comment: Looking good, i closed the 1/3 of my position on 5405.
For the other 2/3 i lowered my stop to 5610 because i think it will go to 5000/5100, around that zone i will cash out my shorts with average 5640
Follow me on Twitter for updates here on TradingView: @botje11TV
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out