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nunojusto
May 15, 2018 8:45 AM

BTC explained in a simple way Short

Bitcoin / U. S. DollarKraken

Description

Very easy to understand.
We had a correction that will be lower than the others. It lacks one leg down and then up again to mid 9'ties.
Look at the Long/shorts ratio (in the top) and you will see longs are to high and need some squeeze to be healthy again.

Comment

First target was hit. IF it does not hold or reverse, we go for the next target.

Comment

Corrected the bounce target to a less aggressive target

Trade closed manually

Top reached. Trade closed at 8,6k after two pump rejections. They are clearly seen with 5 min chart.
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