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notloc32
Aug 20, 2018 2:15 AM

Something like this  Long

Bitcoin / TetherUSBinance

Description

Run the short stops.... retest 6k... then range some more

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I'll probably take a short on retest of resistance

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Just filled a short here on Bitmex... lets see what the market does

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btc looks strong here now... turning resistance into support over and over again. Volumes not amazing but I wouldn't bet against btc right now
Comments
deliciouspodo
catpizza nails it once again
cryptjdaily
deliciouspodo
Pizza, just wondering why do you think we will bounce at 6k and range again??

Expecting at least 5700s, no?
itsmyles
Working well so far man.

For the next move down, you making a trade at weekly support or riding all the way down to the 6k re test?
deliciouspodo
That would be a dream scenario for shorters.
What do you think of the odds of that scenario happening?
I think 6600 is a very big resistance and i'm not sure whales would spend the money to distribute at $200 higher
fire_000
We may see further continuation down the next time we go to 6k, how many times the support is gonna hold
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