waroftheweeds

A case for shorting BTC (at $7k)

Short
waroftheweeds Updated   
BITFINEX:BTCUSD   Bitcoin
Looks like a bounce on Aug 17th approx and then a dump after retesting $7000
Comment:
few days late with the bounce but it happened, still looking for that incoming dump- I think it could hit 7200 then fall HARD
Comment:
BTCUSD got very close to my 7200 target by hitting 7130 and now it is starting to fall!
Comment:
I think it could rebound and end up touching the upper green resistance trend line on the chart, with a fakeout about 7200 and then a large dump to test 6500
Comment:
nudges through the resistance and is slammed down by gravity. gg bears
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.