orminlange

H&S anticipated

Short
orminlange Updated   
BITSTAMP:BTCUSD   Bitcoin
Of course this entry might be to early, but SL should be activated after 1h candle close above SL mark
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invalidation will be now if 1h candle will close significantly above purple line
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1h candle with higher volume gave stron sell signal here, but risk reward ratio for short now is around 2.5

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twitter.com/landm_marius?la ng = pl...

accordingly to all what this good guy predict i will hold this short until the 1st march, or until the red downtrend line will be broken:

 
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Sigh i could close and wait for reversal signs, but dont like to play on 15min chart:


after earnings in January on XEM i am so lazy;)
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Okay so i am out of position and will go now to observe mode.

twitter.com/Landm_Ma...s/967048515405819905
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Maybe short is tempting to hold before deeper pullback but on leverage i dont think so. And without leverage i will wait for better opportunity.
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Sadly i have no patience for intraday price moves, as i prefer longterm pictures to play (so called hodling, especially on my beloved XEM). But i hope that some of You have "hard balls" and will keep this short until the bigger drop (maybe even to 7700$ who knows).
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