BitcoinSector

BITCOIN SHORT-TERM PLAY - XBTUSD BTCUSD - SHORT - BITMEX

Short
BitcoinSector Updated   
BITMEX:XBTUSD.P   Bitcoin
Not much word needed, still Bearish on Bitcoin (6000, 500 maybe even 4000$)
Today we will spread some Limit Orders to find a nice Short Entry.
I dont expect all Shorts to get filled but better to be prepared if we bounce a little more then expected before we go down again.

SPREAD YOUR SHORTS AROUND:

6725 $ (20%)
6825 $ (20%)
6925 $ (20%)
7025 $ (20%)
7125 $ (20%)

Maximum recommended leverage: x5 to x10

TARGET:

1. Target 6600 $
2. Target 6500 $
3. Target 6400 $

We will try to move our Stop Loss lower and lower instead of closing our Position.
Please stay tuned. We most likely have to adjust a few things from time to time.

Never use your Full Portfolio on a single Trade!

Good Luck Boys and Girls, meet you at the Target :)
Trade active:
6725 $ (20%) filled
6825 $ (20%) filled
(40% in total)

get ready for the dump :)
Trade closed manually:
This pump was beyond every TA!
Someone (A Group of People or an Institution) did a single buy of 42000 Bitcoin on Bitfinex and created this +1000$ Pump and spent 300,000,000 US-Dollar for that.
No way to see that coming. Will upload a new Idea soon, stay tuned.
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