adolf512

bulltrap again?

Short
adolf512 Updated   
BITSTAMP:BTCUSD   Bitcoin
major Resistance above 900, it might be worth the risk to short now and hope it fail to break the resistance and instead crashes down below 800$ again.

I will not actually do any trade now, just refrain from buying.
Comment:
looks like it failed to break above 920 again, now it will probably go down at least 100$
Comment:
my emotions told me "btc moon" but my logics told me to short the bitch, my bitfinex account isn't verified so i cannot deposit $ there. I was not confident in this trade at all but it is already down ;)
Comment:
i am now waiting for the wedge to be finished, i might post a graph later.
Comment:
The price is breaking out now, it may get above 1000$ again.
Comment:
I noticed a head and shoulders pattern now, still very risky to short but it remains to be seen if the original idea is profitable(SL at 940).
Comment:
Looks like it failed to reach 930, shorting at 930 with SL at 950 might have been a better strategy(the price peaked to 940$ 13 days ago).
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