BTC short speculation, too early for longs

We can expect here another downside swing and new low. High volume breakout from channel. It is time to wait if you want to open long position in BTC right now! For speculation strategies, short positions with margin should be opened using info from lower timeframes indicators. Everybody good luck!

Trade closed: stop reached:

That's classic market priciple here: too many people have expected the downside move, so opposite thing has happened. Hope you use stoplosses, and your SL for shorts position were close enough. For speculation strategies stoplosses are essential or you can become positional player really fast as in this example above.