CAB_Member
Short

Stellar - Poloniex : Time to Short this till bullish trend line

POLONIEX:STRBTC   Stellar / Bitcoin
Stellar is exhausted in lower time frames, it won't break up this time around, it will go and meet it's bullish trend line first before trying once more. good opportunity to short margin there. Don't miss this.
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damn it went to hell :/ closed the margin with 1% loss, who would think after 8 hours of seeing 15-30 BTC sell orders market would not even retrace back?
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chammel CAB_Member
@CAB_Member, It's tough to read those Poloniex charts with history from the last few days! A lot of those wild dips are from when the site went down or had severe lag
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and finally, the target to get out of the short margin : between 2100 and 2060. I personally chose 2100
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still good time to getting the short. don't loose the chance
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ok, market moved faster than prediction
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remember 2720 target is a little bit greedy, take a look into order book and choose a position between 2700 and 2710 or if you are fast,,, maybe 2720. when the final target hits, that is when i can estimate the bottom of this short time living down trend for the closing target of this SHORT margin
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brammb CAB_Member
@CAB_Member, I'm following your idea on this one! Thanks for the updates!
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everything is going forward as predicted
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