Short

BTC CHALLENGING KEY PARABOLA LEVEL

Updated

Once this trend line is broken we will see some likely see some panic wicks down to 38-40k. What are your thoughts? Hopefully Bull market will resume, interestingly enough it's very closely tied to equity markets and I don't think anyone wants to see things actually "crash".

Note

Bounced off of key parabola line nicely. Looks like it could lead into a weekend bounce. I'm not trading any side with conviction, rather leverage scalping for 5% moves with pretty decent success. During times of doubt, I have success simply lowering my risk/reward threshold a little bit below the average. This actually applies to most trading actually. As long as you are slightly less greedy than the average, you will likely succeed.

leff745

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You guys trust this declining short interest in BTC?

by leff745

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