mhfcrypto

BTC: H&S forming. Target $5900 in short-term.

Short
mhfcrypto Updated   
BITSTAMP:BTCUSD   Bitcoin
H&S forming on 30min. Price hovering around top of Ascending Triangle acting as support line.

If price hits $6199 soon, I'll seriously consider going Short heavy.

Stay Sharp. Be ready to Adapt.

Comment:
On track, slight adjustment in timeframe.

High Risk Traders could consider going Short now with very tight Stop-Losses.

Lower Risk Trader wait for confirmation of H&S.

Beware the Bull Whales and then sudden Manipulations on a whim.

Stay Sharp. Watch your six.

Comment:
Trade closed manually:
H&S could still play-out on the Daily. See latest Idea Published.
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