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CaueLacerda
Feb 8, 2018 2:26 AM

BITCOIN  Short

Bitcoin / DollarBitfinex

Description

maybe I'll raise my stop gain, let's see

Trade active

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I'm putting my stop above the previously top
simple and effective

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the bulls are tired, this trade remains active

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it's only a matter of time

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the bears still dominate

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we need to go below the bottom to have the confirmation
if it does not happen I will close the deal for now

Order cancelled

we are well above 0.618 ... I will close this operation and wait the next few days as the market will react

Comment

Analyze this idea, apparently we will have another boost up to 9000 USD
Comments
RexItUp
Target? Seeing some folks calling for anything from $5800 to $7100
RexItUp
@RexItUp, Sorry! Missed it on the chart.
CaueLacerda
I did not set the gain :p
CaueLacerda
@RexItUp, I will be conservative on target, just following the movement
RexItUp
That makes sense. Also this guy over here said earlier "if we drift down to the bottom of the channel tonight but hold it, that's real bullish:
CaueLacerda
CaueLacerda
sorry :p
RexItUp
Question: When you say "order canceled" what exactly does that mean? Did you buy back into BTC?
CaueLacerda
@RexItUp, No, I just closed my short order
but would now be an interesting medium-term buy-point... i will wait for clearer signals at the moment.
CaueLacerda
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