BillCharison
Short

#BITCOIN - Bearish Mood

COINBASE:BTCUSD   Bitcoin / U.S. Dollar
The support of the $10750 was broken - very bearish sign. More likely we will see a re-test of the $10750, but it is also quite possible to see an upward spike to the $10820 point, so the stop loss of a SHORT position should be placed slightly higher.

Good entry zone in SHORT position is $10655 - $10750, targets are marked on the chart.
Trade active:
Okey, the situation is quite clear. We're holding SHORT position. The price has already reached 3/5 targets, printed +40% profit with x10 leverage.

The crucial level for now is $10655 — as long as the price stays below this level, the priority remains bearish.

We can see an upward spike into the zone near $10655 level in order to trigger SHORTs that were opened late at $10400.
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Comments

Good job
my analysis:
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A simple distribution of the last leg of the large one. And it's same on high timeframe as the top of last month and even getting reply of a 14-15k coming. This was quite the sell signal confirmation.
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Eres un genio. Muchas gracias por tus recomendaciones y análisis.
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