Short

Short on bitcoin

Updated

I am still short on Bitcoin since my last chart that i posted, as you can see here it still looks dark for bitcoin short term. If it pulls back to about 7250 you can go short again, i will probably add some short there. A stop should be put at 7320 or at 7380.

First Target around 7000
Good Luck

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I have added nshorts at 7242!! Looks like an impulse on short time frame, but i think its a trap, we will see

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More important, it has made a lower high and a lower low today, as you can see at 7500 and 7350. It has made a lower low just now, but not yet convincing.

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It was spot on again :) IF it reaches the 7000 i will look for a sell signal on the 1 and 5 minut chart, a big chance it dropes further, so offering a few extra points can be worth it.
It is showing some buying power just now, but let's see if it holds, I hve lowered my stops to 7380 and the other half to 7320, to ensure some of the profits :)

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It has to go down soon, otherwise the bulls will probbly win

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It should turn now, otherwise i will lower my stop even more to 7280

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Accelleration is about to happen, but it can go either way now :(

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Target is in reach, dont get to greedy. As i mentioned before, am looking for a small reversal on the 1 min en the 5 min chart before i sell

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I have lowered my stop at 7125, and i am going to ride it out. Short stop is because i dont want to get caught. A crash is possible, but not going to risk these nice points i got

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Changes are getting bigger now that it is going to turn to the upside again, hands on the buttons for the stop now :)

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I am out

botje11

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