BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Short trading idea
Comment: 6900 support line
Trade closed: stop reached: STOP LOSS
Hi Excavo,

Thanks a lot for your detail analysis. Honestly i am now in this trading area and start studying trace analyzing.
May you help by advise further:
+ If in short term, BTC will downward?
+ If in medium and long term, BTC will over 8000 $?
+ This moment, beside BTC, which other altcoin should invest to gain profit in medium and long term?

Thanks a lot in advanced for your sharing.
Long Duc Nguyen (Vietnam)
Reply
What is the probability?
Is this uncharacterized an H & S?
What is your opinion?
Could it have been a big BULL TRAP?



Reply
Every short idea has failed. Note: do not short Bitcoin
+4 Reply
Guffi2000 terence.murphy
@terence.murphy, agree...never trade against the trend
+2 Reply
scottialex terence.murphy
@terence.murphy, unless you know how to do it well, which I don't, so I don't short anything anymore
Reply
Looks like gartley to me
Reply
Do you think we will blow past 7500 this time @EXCAVO ?
+2 Reply
Shorting bitcoin is just a game of luck..
+2 Reply
Tough break. Goes to show, cant be right all the time. I still follow you though I disagreed with you on this one and went long.
+2 Reply
Trend lines rarely ever work guys.
Reply
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