tshah

Excellent RISK/REWARD short opportunity

Short
tshah Updated   
KRAKEN:BTCUSD   Bitcoin
This looks like excellent Short opportunity right here for BTC

Current is 4800, and most probably the double top is in. Based on FIb levels should atleast retrace back to 41-4200 levels..

Open long only after ATH break

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Comment:
we got stopped out at 4950-

If daily closes above 5k- We are headed to 5.8 k

Its just people want free forked coin.

Indicators are overbought but we could still see 500-700 $ gain.

if you buy at this point- i would sell around 5.7k just to be safe
Comment:
sounds fucking dumb but i am going to open short right here- too overbought on every tf. 4950 is my target .

will close short at new ATH

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