MrNarmerkTheSacredGeometer

Shorting BTC ...might cause health issues.

COINBASE:BTCUSD   Bitcoin
I hate shorting BTC , I hear it's bad for your health ... but Scared money don't make none !
Here's the scenario ; Bitcoin has been on a downtrend channel , after hitting the top there's only one way after a fail break out .
We are now looking for a nice floor for a soft landing .

Point of entree :10900

Stop loss : 12500

Target : 9500




PEACE !!!
Trade active:
opps ... stop lost is at 11653 , but i would say 12K (highly unlikely that is going up).
Trade active:
Trade still active , Bitcoin is not able to go pass the downward trendline .
Stop loss is still in full effect in case the bulls decide to take control .
Trade closed: stop reached:
bulls seem to be back for BTC
Comment:
That's why i hate stop loss . Note to self , don't be weak handed ... lesson learned .
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