hearmysong

128 SMA + 0.618 = SHORT

Short
hearmysong Updated   
BITFINEX:BTCUSD   Bitcoin
0.618 FIB has been incredibly strong in this market and I'd be very surprised if we can close above it. That along with the historically significant 128 day SMA this range will be formidable. We might post a wick up there but, she won't hold. Still looking for those leveraged shorts to get rekt, tho. So, one more short term pop followed by a swan dive is what I'm counting on.
Trade active:
Something like that.
Trade closed: target reached:
Taking profit... and reassessing.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.