Description
⋅ I am building a short between $220 and $228
Dont follow me blindly! Im just sharing what i'm doing atm
Reason for shorting is 228 is a strong resistance point.
The relief rally seems to stop at this level
BTC is looking weak
Comment
⋅ Ascending grindline is broken
I'm expecting a strong move following today
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⋅ Comment
⋅ I took some profit on 195
$195 (weekly support) is currently showing support but..
We might go to $178 (head and shoulders target)
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⋅ Bear Flag is forming
Looking for a break-out..
I have reshorted a bit at $199
Trade closed: stop reached
⋅ Nasty wick got my stopped out.
Still ended up with huge profit.
Sidelined for now