yurisnsd

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BITFINEX:BTCUSD 33% | 1 BITSTAMP:BTCUSD 33% | 1 ETHBTC 33% | 1
yurisnsd yurisnsd BTCUSD, 30, Short ,
BTCUSD: It's over, Bitcoin is bankrupt and finished
935 9 6
BTCUSD, 30 Short
It's over, Bitcoin is bankrupt and finished

BTC is short-term in a pretty clear descending trend-channel. It's time to go from buying dips and avoid selling rallies to selling all attempts up from the secret descending channel and no-no buying too much on dips to the lower bounds. The beatings will keep on coming until morale improves.

yurisnsd yurisnsd ETHBTC, W, Short ,
ETHBTC: Short 0.033-0.034 with a tight stop and a 0.02-0.018 target.
175 3 4
ETHBTC, W Short
Short 0.033-0.034 with a tight stop and a 0.02-0.018 target.

ETH looks like it's gone up too far too fast. If this does become a double top and a bubble pop then 0.018 is a reasonable target. If it breaks 0.035 on the upside then I'm wrong and all bets are off. Keep in mind that LTC looked toppy at $12 back in the day after consolidating at $3 but boy was it wrong to short that one there - it ended up topping at $55. I ...

yurisnsd yurisnsd BTCUSD, D, Short ,
BTCUSD: Short attempts up at 420, target 300s
188 1 5
BTCUSD, D Short
Short attempts up at 420, target 300s

My personal opinion is that this triangle seems more and more likely to break down. Shorting attempts to break 420 with a $10 stop seems like alright r/r when first target is 395 and final target 340.

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