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VanillaTrading
Jun 18, 2020 5:18 AM

Not too late to exit the market Short

Bitcoin / TetherUSBinance

Description

Since we cant break 10k, failing multiple times, i suspect its a classic wyckoff distribution pattern. Another reason for this take is that we didnt have proper bottom formation on 3-4k area and enough accumulation on that zone there. For this reason, a healthy correction to where this all pump started will be really fine. Personally im holding short position and really confident about my position.
After all, instead of holding this thing thinking bull market has begun without hesitation, take your time, do your research, think twice then make your decision

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Comments
RocketBomb
Have another view, but thanks for your work!
trytofeelpositive
like for me long is more relevant
VanillaTrading
@trytofeelpositive, good luck tho
goraxes_
Or maybe we are one another failure away from it.
bestfarbit74
possible if the price can close below 200 ema(blue line)
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