Short

Shorting BTC to 5k

Updated

My previous predication in terms of price action was correct, however I'm not too convinced it will bounce here.

I'm hoping to short BTC on the retest of the consolidation triangle and hopefully riding it to 5k.

Note

*Potential* price action before the retest of the triangle occurs:

Note

hit the target, good area for a long.

Note

Haven't entered a long yet, waiting for one last small drop. For now, i am placing longs (buy stops) at 6620 just in case. I will adjust my stop buys with an update in a while.

Some inspiration is drawn from Botje's posts, the brilliant man, give him a follow if you haven't already.

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$Another Bitcoin fractal, part 2$

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Note

Buy stops lowered to 6570.

Dion_Dimucci

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