Bitcoin short plan
Updated
The parabola broke, we entered a descending triangle consolidation and we're looking top heavy. If 9k breaks, I will look for a low volatility flag to short this puppy down to the 6.5k consolidation region.
Comment
The descending triangle break was confirmed on super high volume. Now I am patiently waiting to see how the bounce plays out. 9k would be a great place to short but it's possible we won't get there. I will be scaling in on the bounces.Comment
Managed to get a nice short in from 8.6-8.4k and now just riding the trend: taking profits and re-adding on bounces.
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