Short on Bitcoin when this candle and the next close under 6350

1 พ.ย. 2017

I will go short on Bitcoin if it closes under 6350, normaly one should have gone short earlier, but there are several fundamentals saying otherwise, but the TA is saying SHORT! So its more save to wait for confrimation. The first one is that it drops below 6350, the second one is that it drops 6280. Target is difficult to say this time, but the the first support will be around 6150 and the next around 6000. My sell target will be when i see a higher high on the 1 min chart and than on the 5 min chart.
Will it drop below the 6000, i will also wait for confirmation on the 15min candle chart.
My stop will be at 6470

1 พ.ย. 2017

บันทึก

Still flat and waiting, be carefull now, it should have dropped already, its showing some strenght now

1 พ.ย. 2017

บันทึก

I am short at 6395

2 พ.ย. 2017

บันทึก

My first assumption was the better one, waiting for the confirmation under 6350. But later on when i went short on 6395 i got a very clear TA signal to go short. But the fundamentals are much stronger now it seems. It's just impossible to predict where this is going. So the best play is only go long when it drops, no more shorts untill after the Fork