altcoinbonanza
Short

Shorting on seller movement

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
65 0 0
Still optimistic on the longer view here for Bitcoin             but taking advantage of these short breaks. As you can see how we have tested this resistance line quite a few times and now there are more shorts coming in so decided to play here. The second time we tested this resistance gave me my queue for shorting. We'll see if I'm gutting this right.

As I suspected shorters are loving this area here 72% to 27%. Currently in the green with short. My exit will be somewhere in the $237 price area.

Chickened out and decided to take small gain at $238.53 right before this little run you see here.
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