Bitcoin short in October?

in money •  7 years ago 

Three days ago, I wrote "Caution, October us upon us" and mentioned Bitcoin strong resistance between 4400 and 4500. Should you have shorted, or are standing by - now that the price has sold of to the 4200 area, a stop loss should go in at the recent high: or the 4460 area. If the price drops another $50 (4150), the stop would go to just over 4400. thus esablishing a low risk / break even trade with potentially significant downside potential.

image.jpeg

money investment bitcoin
7 years ago by

Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

  • Disagreement on rewards
  • Fraud or plagiarism
  • Hate speech or trolling
  • Miscategorized content or spam

Submit
$0.00
    2
    Authors get paid when people like you upvote their post.
    If you enjoyed what you read here, create your account today and start earning FREE STEEM!
    Sort Order:  
  • Trending
    • [-]
      ·  7 years ago 

    Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

    • Disagreement on rewards
    • Fraud or plagiarism
    • Hate speech or trolling
    • Miscategorized content or spam

    Submit
    $0.00
      Reveal Comment
      [-]
        ·  7 years ago 

      Congratulations @blueportal! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

      Award for the number of posts published

      Click on any badge to view your own Board of Honor on SteemitBoard.
      For more information about SteemitBoard, click here

      If you no longer want to receive notifications, reply to this comment with the word STOP

      By upvoting this notification, you can help all Steemit users. Learn how here!

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      $0.00