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UnknownUnicorn4570907
May 10, 2019 5:24 PM

Short Bitcoin on overbought conditions Short

GEMINI:BTCUSD1D
Bitcoin / U.S. DollarGemini

Description

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Price action and volumes clearly show the rally is over-extended, the time for correction has come. Trade duration between up to 20 days. Competitive edge is the fact that swap is net-positive on short positions at most CFD brokers.

Trade closed: stop reached

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Closed, market is not ready for correction yet.
Trend AnalysisChart PatternsHarmonic PatternsBitcoin (Cryptocurrency)BTCUSDbtcusdshortCryptocurrencycrypto
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