xfallensaintx

Going short, long, and big short

Short
BITFINEX:BTCUSD   Bitcoin
One last move down, one last move over 7000, and a start of a new downtrend heading below 4000.
Comment:
Don't focus on timing but rather price points of top and bottom moves.
Comment:
It was either the pink line or purple line it was folllowing. Looks like BTC chose the purple line.
Trade active:
When was the last time BTC had one of those over 1,000 point drop in a week? I think it is about that time we had one....6200s-6400s target within 7 days.
Comment:
Broke. New play a retrace to low 6000s only.
Order cancelled
Comment:
Looking for one more move down to around 7300 and then a pop to 7900-8000. After that a move below 7k will be fast and furious
Comment:
7900-8100 top area. Then fast move to 7274. And drop to 6800 area and bounce back to 7200 area and move down to around 6200-6400.
Comment:
Saw something and think BTC can bounce to the 8200 area
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