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BTC Short on the 76
Bitcoin
Short
BTC Short on the 76
By holeyprofit
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Updated
Jul 13
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Jul 12
I have longs form lows which are doing well but there's a fair case to be made that if the bull move will fail it's going to fail here.
Locked in profits with trailing stops on long idea below;
Trying high RR shorts here on the resistance.
My bias on where BTC goes it heavily tied to my bias on indices. Which, honestly, is bi-polar at the moment.
But we're at the levels indices would top out if we have a big bull trap today - and BTC is at resistance.
Shorts have the high RR case now.
Jul 12
Note
Got to love a good 76 reaction. Stops to even now.
Jul 13
Note
Hit trailing stop. Trying again on the possible head fake.
Trend Analysis
holeyprofit
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