TheRenkoTrader
Short

Shorting Bitcoin for another 4-5% Drop

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Shorting Bitcoin for another 4-5% Drop check out my renko charting


I am using my Renko Charting Script + TA for this move, my last 4-6% drop prediction naild it lets see if we can do it again !
Predicting a 4-5% Drop this time

SL would be around $5217
Trade active: Short for 4-5% Drop
Comment: Please leave me your comments and thoughts
Comment: Setting the SL to exactly $5275 to have a clearly defined SL and not around something So current and actuall Stop Loss for the whole Trade is $5275 !

Thanks :)
And $5,290. SL triggered.

If you don’t learn a lesson now it will be sad. That’s twice in a row, here and there:

https://www.tradingview.com/chart/BTCUSD/bPpAYr7j-4-6-Drop-in-the-next-48-hours/?utm_source=notification_email&utm_medium=email&utm_campaign=notification_mention#tc2402441

Last time you got short squeezed. This time bull continuation pattern pushed it above Stop Loss.
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So close ! Just $20 from SL. Let’s pray it crashes and burns from here.
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Thank you for the analysis.

Here is proof institutions have much interest in BTC.

Take a look.

This is beyond tech analysis this time.

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Down before anything else. 4600/4800 is the perfect support to see another hyper pump
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Agree with that scenario, but first: it has to confirm another leg up @ the 5,8k area: look here :)
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@m4riovolp3, thanks for your idea, we will see how it goes :)
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Thank you for your great idea.
Let us Short some Altcoins for triple percentage, ETH or XRP? BTC is boring for most of the time. Like today, BTC was up 1%, meanwhile, sibline BCH / BAB up 8%
A Real Trade Call which given 25% ROI within 12 hours:
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Let’s get you on front page again.
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@BorisPoff, i try but its hard :)
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That should be fun. Current price 5100, stop loss $5,217, target $4,850. Off to the gambling. Popcorn ready.
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