ocramanilom

The PyullBack is Again on the Plate

BITMEX:XBTUSD.P   Bitcoin
Hi guys. A week ago I published a Pullback to 8k and we just get to the 8400ish level. I took 75 percent of the profit. Now Im expecting another pullback to the 8600 area (50 % chance). The second target is 8200 (35 % chance). Finally if we break the 8k area I think we can go below to 6k (15 % chance).

I think some miners will dump their coins to rekt other small players. Lets see what bring us the 4 hour graphic. That being said Im short term bearish on BTC. Tomorrow I will update this trade. Remember to take small chunks of profit and never let a winner trade to become a loser trade.

Trade safe

Mont Capital Team
Trade active:
First target hit 9230. Took profit 25 %.
Trade closed manually:
So guys I just decided to close this morning my short @9350.

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