Another 30% short chance on Reddcoin (RDDBTC)

BITTREX:RDDBTC   Redd / Bitcoin
RDD is looking for another upswing. Don't be greedy on this one. It will most likely go up and down for the next days. Risk reward ratio: 1/3

Buy-zone: 82-86
Target: 109
Stop-loss: 77
Trade closed: stop reached


Doesn't a short position mean that you expect the coin to go down? Therefore you should 'short' it?
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