Shorted the technical break of $800 to
see if the BitInstant CEO arrest news
catalyst can lead to a "true panic".
The $765 level has been holding BTC
up, but this could really sell off if we snap
with volume.
However, I will be quick to cut off this trade
if we don't get immediate follow-through. I
have very little patience to the downside after
waiting so long to take profits on my last short.
see if the BitInstant CEO arrest news
catalyst can lead to a "true panic".
The $765 level has been holding BTC
up, but this could really sell off if we snap
with volume.
However, I will be quick to cut off this trade
if we don't get immediate follow-through. I
have very little patience to the downside after
waiting so long to take profits on my last short.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.