Short

rip bitcoin (((

By ferradura

Updated

today is a very sad day.
It will be "The day when cryptocurrency depression begins" ((((((

Note

roman number is alternative count, arabic is main. But I prefer alternative

Trade active

i have closed half of my shorts 3840. It is possible to count five waves down. The other shorts i will close at 3550 and 3700. And i will be looking to short again near 4200

Note

added 1/4 of short at 4130. I'm not sure is the correction is done or not, but this growth looks like one wave, so I am expecting it will go higher. If the coming wave down will be impuls looking, i'll add more shorts. If it breaks above 4140 i will close shorts and will short higher @4200-4300

Note

bulls are still too strong, most likely it will go to 4300

Trade active

reopen short @ 4150

Trade active

3600 is most common target wave c=a
3435-3417 fibo retracement
3232 head and shoulders target, and wave 3=1.618 x wave1

Trade active

i'm not sure what is going on. Closed 1/2 of my position @4070.

Note

sell stop @ 4040
sell limit @ 4290

Trade active

stop loss 4430

Note

this trade gave +9% in bitcoins without leverage. Will see what happens next.

Note

moved stop to 4340, i think it con go few hundreds upward

Trade closed manually

long to 4600

Note

have no idea what is going on. I have closed long. I need some confirmation.

Trade active

short again @4320 :)

Note

I do so many trades because bitmex fees are so small, for limit orders even negative.
referal link (fees 10% lower for 6 month):
bitmex.com/register/h6WlNE

Trade closed: stop reached

sl @ 4370
enought for today. Tomorrow will be looking for a new short opportunity

Note

smth happens. big spikes at several exchanges. I shorted @ 4400 again)))
and already moved sl to 4400

Note

Have no idea what will be tomorrow and this week, but im sure in august we will see numbers ~3000 at least. Something is happening. I smell it.

Trade closed manually

closed @4330
put sell stop @4298

ferradura

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