Bitcoin
Short

Bitcoin Has Left The Station...

Updated
...without me, but it's not too late to make some serious lambo. I had a small short position reach it's target, but I was planning something so much bigger at the right price.

5500 bottom is still in play but it's happening ALOT sooner than expected it seems.

As we failed to break the purple line this shows us we're not going higher but in fact resuming the trend to at least the current bottom 6400.

However I suspect we will go lower to 5500. I cant say why as it's a closely guarded secret. ;)

We'll see how this plays out.

GL all.
Trade active
active and in nice profit. "weeeeeeeeeeee"
Trade closed manually
We're going up potentially around my stop-out area or higher. Closing this one for +212.

Will look for a better short entry.
Note
Looks like my original trade was nicely placed after all. Not the end of the world. I got in around 150 dollars lower. Target still around 5500. Will try and scale in another trade or two at some point.
Bitcoin (Cryptocurrency)bitcoinshortshortTrend Analysis

Related publications

Disclaimer