ilesanmipepsi

BTCUSDT Short Trade

Short
ilesanmipepsi Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
$BTC got rejected at 0.382 Fibo level having bounced off at 15476 on November 21, so short trade got triggered at 17854 December 15 and now target -0.272 Fibo level ( red dash line on the chart) at 13.9k. Stop loss already moved to break-even.
Comment:
Nothing has changed so far, I expect $BTC to continue to dump.
Comment:
Given the bear trap that just happened at sub 16k, there's possibility of $BTC to pump towards 17.2k - 17.5k before continue to dump. Trade safely.
Comment:
$BTC continues to move upward as expected, price should be limited from moving upward at 17.5k imo. I would short $BTC again at 17.5k if I noticed any sign of weakness.
Comment:
Trust you guys start the week very greatly! Nothing much has changed in $BTC so far, this current pump should present a good level to open short trades in the coming days.
Comment:
$BTC finally tested 17.5k as predicted. I will look out for a fakeout above 17.5k and enter short.
Comment:
It's been a few days party for the bull, unfortunately this party ends as soon as $BTC could not hold and reclaim the 21k mark. Short trade has been triggered again and target remains the same level as stated in the main post.

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