As simple as an inverted head and shoulders is. We have to take into consideration we had a lower high. Simple charting. Shorted 12000. Stop loss moved to body line
It looks like the attempted reversal starting on July 1 @ 16:00 failed to overtake the downward momentum for another day, then bulls came back to town. Even the first candle of the trend reversal on the 2nd day is unconvincing. I'm short with you @ 12k!
facbtctrade
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@ccashwell, a lot of confluence. Shorted 10x at 12k. Stop 11600.
On a 2btc short. 800$ isnt bad either if i get stopped.