BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
BTC             ->

BTC             has shown signs of weakness, a very disappointing fail to break out to the upside. And a correction back down to a point of our bottom support. This support level has no other supports under, so its a long fall out of bed for BITCOIN             .

Short @ $13,000
Target $8000
STOP LOSS $15K
RISK $2K
REWARD $5K
TIME FRAME 30 DAYS?

Short At Your Own Risk. Bitcoin             is very unpredictable and should prepare for anything. Please understand that shorting can and will incur risk that can potentially liquidate your account if not stopped correctly.

All stops should be honored
Trade active
Trade closed: stop reached: Trade Target has not been reached but I partialed out @ $9000. Its possible we see lower. But I always take partials.
CA
I suspect the TA is already telling us something here as we already closed below the 50MA in the daily timeframe.
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TheCryptAlpha PRO silmaril0875
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