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FUNTRADER-Vera
Jun 21, 2018 8:32 AM

BTCUSD: update Short

Bitcoin / DollarBitfinex

Description

Trader,

Pls check our trade set up yesterday.

Now we are still on that trade, and update the short trade with a resistance zone to confirm the our short trade is right .

Less is more!

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Bearish beneath the resistance zone.

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Pressure! Pressure! Pressure!
Down down down!

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This is a trade based on daily and 4H chart POSTED YESTERDAY.
ENTRY: 6725
SL: 6948
TP1: 6375
TP2: 6220
TP3: 6100

Trade closed: target reached

All targets hit.
BTC is dropping down , approaching 5k.
Comments
Wolvy
Once again, you were right!
Thanks a lot Vera <3
Sherem
If it starts going, i think we might see it hit 5600-5200 before any type of rebound
FUNTRADER-Vera
@Sherem, I would see its star already.
Sherem
@FUNTRADER-Vera, I think we could go down hard here. Doesn't look pretty.
FUNTRADER-Vera
@Sherem, 6100?
Sherem
@FUNTRADER-Vera, I think more, but it could base out there. The last move took it from 7300 to 6200. If we do that again, we are hitting 5500 at least. Once we get to the 6k area, it will be telling.

I posted about it a few days ago.

BatRat
it is not approaching 5k atm.
FUNTRADER-Vera
@BitComRat, On its way to .
BatRat
@FUNTRADER-Vera, if this harmonics valid, it wont go lower, it may developing rounded bottom at this level with Adam&Eve Double Bottoms, so 5k approach could take weeks/months IMO. thanks.
FUNTRADER-Vera
@BitComRat, Your harmonic only has X , the other 3 positions are not confirmed.
I do not use Harmonic on that way.
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