itradeandwin
Short

BTCUSD Bearish Shark and Short Opportunity

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Shark completed at D. Targets as described on the chart.
Comment: TP 1 REACHED
Comment: On the smaller charts, bullish 5.0 pattern for a minor retracement. Take profit at 3.900 and move SL to entry.
Comment: Looking at the matter technically, the bearish move has just started.
1. RSI has rooms downside.
2. Price moved below EMA
3. AO indicator gives sell
4. Alligator confirms short

Harmonic View :
A possible breakout of 61.8 % Fib, would carry the price 88.6% Fib 3.380 - Potential Bullish Shark -

Comment: TP 2 Reached. Let us wait for the potential breakout of Fib 61.8.
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Hi, I also consider feasible shorting until new lows are reached. There is no evidence long term trend has changed.
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@rroopstr, Hi, thx for the contribution. Yep, the technical overview is still bearish.
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short sellers are gonna get wrecked.

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BTC haters
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@novakd1, I don't reply "baseless comments" here. But your comment needs a reply. Concepts such as hate, love, emotion have nothing to do with trading. A trader enters a trade with a reason. Fundamental or technical. If a trader enters a trade with a reason based on hate, love, emotion...Sorry mate, I don't name it as a trade/trader.
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