The_Altcoin_Trade
Short

Daily Triple Top Back in Play

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Ok, so that Bart break to $10.4k threw me off. However, after the steep drop and failed break we went back to where we were beforehand.
Same thing as I said last week, bulls must sustain the bull breaks or it'll get rejected.
For the first time in over a year I've gone short as I feel a drop in order to retest the Weekly low is inevitable.
I've been setting cash aside mostly for buying to accumulate but I'm putting my money where my mouth is.


CME Gap at $7600 you know how that goes.
https://bitcoinist.com/heres-the-single-...
Comment: We could very well see a push back up but it needs to be sustainable. Bull trap maybe?

Comments

I made a breakdown as well, here are my zones
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out