Bitcoin inverse chart, no bias, i think it can "moon"

7 jul 2018

Pretty much self explanatory.

7 jul 2018

Nota

That 6600 to 6750 zone for me is a great short opportunity. It can go all the way to sub 6k from there and risk/reward pretty high, since bitcoin only need to test 6900 with high volume and close above to break that support .

8 jul 2018

Nota

Time for bitcoin to decide what comes first 5500 or 7100. Im short from 6770

9 jul 2018

Nota

Still holding that short, if we break 6600 again we could potentially retest 6350, which is a nice first target to take profit. Stop loss still at 6900.

10 jul 2018

Nota

So i BELIEVE we broke 6600 , now we are at break even for a lot of longs. I will consider moving my stop to profit IF bitfinex shorts will increase AFTER we move down to 6500, since they supposedly closed their positions from 6800 to 6600.

10 jul 2018

Operación activa

10 jul 2018

Nota

Nice

10 jul 2018

Nota

Very nice

10 jul 2018

Nota

So no movement for quite some time, im still holding that short (1/3 sold at 6350).
Mainly aiming for the last move down to 6250 which will probably happen very soon, like in 2-3 hours from now. We might bounce from 6350 to 6470 level but that doesnt seem like a logical thing that bitcoin would do (talking about logic in bitcoin, the irony).
If you followed and want to exit - now is a nice area, you can short bounce if it happens, if not - you will be just hedged which is nice too.

10 jul 2018

Nota

Well now we are here, 3 hours later, didnt touch exactly 6250 (which is sad) but now 6350 should flip to resistance.
Sold another 1/3 and now im pretty much just hedged

11 jul 2018

Operación cerrada: objetivo alcanzado