Bitcoin - 1/20/20 - Nailed that short! Going down again?

in hive-167922 •  5 years ago 

Not celebrating to much here, I got a little lucky when hitting that last short. I was shorting from 8900 range and we ended up going higher to 9100. However we did slam down way below my entry. I had the short to close at 8505, which was the .236 of what I thought was the top. So it was a little more luck than skill, but hey a win is a win! 4 % win at that!

So is it time to reenter a short? I'm thinking yes and here's why...chart2020.png

Some annalists are calling this an abc, that's why it's on the chart. I would like to believe it's a 5 count, since we did break that major trend-line. However it could be a bull trap! Either way I am closing my position before the trendline and will wait to see what happens there. This is not financial advice, this is my trading journal. Good luck and good day!


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Hi hi my bro.. How are you? It's been a really long while since I heard from you. Good to hear that you have nailed it. Hehhee..

I need to get off Partiko so I can get notifications, I’ve been ok, some rough transitions. What did you say esteem is what you use for your mobile phone now? I miss be social here!

Posted using Partiko iOS

Hey hey Patrick.. Yea somehow Partiko has some problems that they did not really listen to especially on the notifications and so on. So I am using esteem which is on the app store for my Steem engagement these days. Sorry to hear that you are having a rough time but do fight on. =)