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j1O9SB
Mar 17, 2015 7:18 AM

Scalping the failed rally to 300! Cautious with this one... Short

Bitcoin / DollarBitfinex

Description

A StochRSI peak at 95 plus a failed bullish response when price climbed back above emas. It's short pants time/ WIll take 289 as my target and move stop immediately to my entry once I get a nice second leg down.
Comments
j1O9SB
Ran with the non-existent money. This morose volume has just been giving me nothing these past few days. Bitcoin needs more scalpers bots...
j1O9SB
Yup, its always risky frisky with these bitcoin scalps. The Reason I got in so late was because I didn't was the spread to mess me up too :) Chinas also looking like ti'll go belly up with the proper momentum too.
JeroenHouttuin
Btw that overbought stochRSI is specific to Bitfinex - all other exchanges show a different picture. Be cautious indeed :)
JeroenHouttuin
That's hardly worth the spread and bitfinex fees...
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