pupulandia

everybody bullish, H&S.. so is Bitcoin about to dump right now?

Short
pupulandia Updated   
BITFINEX:BTCUSD   Bitcoin
This is my personal very short term view of Bitcoin right now. I think there's a small leg up left and then we dump.
But be careful because I think that right after breaking the low of few days ago there's a nice bounce up waiting for!
Ley's have a look, I have an alternative count but this is the main one for the moment, and you'll see that the stop is right above the 61,8% retracement.

luv
®pupulandia
Trade active:
The rejection was perfect but let's see the next move to be sure that the reversal has started or not.. right now this is the scenario I would like to see right now to confirm the move.. a 50% retracement and then a nice down move aas a 3rd wave..

luv
Comment:
So the impulsive down move has not been confirmed, since the rejection we have been correcting again, and the volume was low too, I moved the stop to breakeven because there could be a last move up to the red line at 61.8%, around 8070$, so keep an eye!!
luv
Trade closed manually:
I've just closed with a 3.3% gain, I will look to enter again
Trade active:
So I entered long at 7500 for scalping the bounce but when I saw that my white S/R line at 7620 has flipped from support to resistance, I closed the micro scalp and reentered the short..
Comment:
I'm going to close this at 7115 or so, in the next few hours..
Trade closed manually

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