BTC/USD BitCoin (Sept/18) (The weakness is showing up)

This will be my views of BitCoin (Sept 2018)
Please make sure to read the "update" comment as there will be changes along the way.


Cheers.

S0nic

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Comment:

Updated View on BitCoin (3 Sept 2018)


I am seeing some weakness over this instrument, as it is approaching a decent resistant of $7,800.
There shall be a decent sell set up to unfold.


EP Short as long as the price is below $7,800
SL $8,590

TP1 $6,730
TP2 $6,350
TP3 $5,800

Comment:

Updated View on BitCoin (11 Sept 2018)

As Emerging markets are in trouble, USD demand is on the rise.

Think twice before buying xxx/USD pairs, especially BTC/USD as BitCoin bubble has burst.


EP Short as long as the price is below $7,800
SL $8,590

TP1 $6,730
TP2 $6,350
TP3 $5,800