Short

in bitcoin •  7 years ago 

bitcoins not looking too good. best to change view have been shorting in anticipation of an ABC

Shorted to C however it got rejected from the 144 EMA on the 6hrly

and now we need to look at the bearish scenario and thus trade accordingly. I personally believe we are in some kind of triple combo will short and then position myself for the next upcoming x wave

Entered half of my position off of the rejection off of the EMA. the remaining position will be placed at the break of the swing low.

targets if the swing low gets broken to the downside

  1. 6000
  2. 5200
  3. 4500
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