The first sell signal for Bitcoin since September 30, 2017.

On September 30, 2017, price broke above the 50 simple moving average (SMA) and stayed above the 50 (SMA) for 3 months. Within those 3 months, there was a price gain of over $15317, where price moved from the high of $4349 on September 30, 2017, to the high of $19666 December 17, 2017. Currently, the market is telling us that it is time to sell with yesterday candlestick close confirming the sell trade signal. See pricing information for this trade sell signal on the chart.

Trade active:

@ 12814.05

Comment:

Bitcoin is on the move; targeting 8365.01 for standard exit

Comment:

Still short on this trade

Comment:

Bitcoin trade below 9000.00. Our target for this trade is 8365.01 (standard exit)

Trade closed: target reached:

4394.35 cents move in the bag after standard hit @ 8419.70.