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DatCryptoBoi
Jul 19, 2018 4:15 PM

BTCUSD: Be fearful when others are greedy 

Bitcoin / DollarBitfinex

Description

Getting nervous here.

  • BTCUSDLONGS super high (33k longs).
  • BTCUSDSHORTS super low (19.8k and crushed)
  • Long:Short ratio 1.65
  • BTC at resistance

Comment

Well I was a little early and that pump above 7.7k did get me bullish but the price was firmly rejected at the upper trendline and is making its way down.

Back into bear mode.

Be fearful when others are greedy ...
Comments
Jefe
Stick to your principles, you'll be fine. Discipline and patience in this market is all.
icoeyedoc1stock
Are you thinking we are going down then?
JoyaJoya
whats your thought here?
thanks
DatCryptoBoi
@bneta1980, well, I didn't expect it to break that resistance if I'm honest, now it has, I'm buying pullbacks until the trend rolls over to bearish again
Basil13
looks like a possible pumpage to 9k then mo doom
DatCryptoBoi
@Basil13, Maybe. The resistance overhead is strong but breaking it would send a strong signal to the market that the king is back
Doc-al-Citadel
spot on
MaJdOo
Where do you see short/long? is there any info on bitmex?
DatCryptoBoi
@MaJdOo, its on tradingview
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