Btc short 19Oct2017, long and short again, part 1
Updated
Btc showed week and slow correction yesterday, same power has only Eth, other coins were too weak.
Predict global downtrend...
Sell at 5600 (+-)
Stop: 5865
Profit targets:
T1: 5150
T2: 4850
After T1(if 1h/2h/4h RSI will be low and volumes pretty high) i recommend to close 50% of positions and we can see small correction to 5350, where we can sell 25% position again(in Btc), and move stop to 5700.
So, you will get avg position ~5816 and will sleep tight :-)
Depends how we will break 5000$, T2 can be moved to 4700 and stop to 5350.
Predict global downtrend...
Sell at 5600 (+-)
Stop: 5865
Profit targets:
T1: 5150
T2: 4850
After T1(if 1h/2h/4h RSI will be low and volumes pretty high) i recommend to close 50% of positions and we can see small correction to 5350, where we can sell 25% position again(in Btc), and move stop to 5700.
So, you will get avg position ~5816 and will sleep tight :-)
Depends how we will break 5000$, T2 can be moved to 4700 and stop to 5350.
Trade closed: stop reached
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