BCASH Short

6 Nov 2018

DIvergence in volume and RSI...Clear short in my book

P.S. Dear roger Ver and friends, please do not liquidate my shorts, thank you sirs.

Red Boar

6 Nov 2018

Nota

Well, TBH I had no idea BCH was forking and it seems this is a major fundamental fomo driver. For the record I really dont look much at fundamentals, especially when it comes to alt coins, and instead tend to focus on hard TA. Anyways, full disclosure I got stopped out of my short when we broke 9200 satoshis so I am no longer in this trade (i was stoppped about about 10 min after i posted this) However I think continuing to follow this Idea could be interesting, especially if it corrects soon. Once again, this was a purely TA driven post as the 4 hour was painting divergence. But, as my good buddy stevepuri likes to point out in order to be correct divergence the rsi I would have to close below 70 on a pump...we were still above 70...this is what I get for trying to catch rocket ships.

Later

7 Nov 2018

Nota

Let's give this one more try, I am starting to short now....low leverage so who cares if we get liq looks like a good entry to me

11 Nov 2018

Nota

Well we made a great call here although we were a tad early we were righ tabout sentiment. I made zero dollars off this trade due to being stopped out (throws up and dies a little on inside.) Oh well

12 Nov 2018

Nota

literally want to die for getting stopped out of this short lol fml

13 Nov 2018

Nota

my lord I would be rich...woe is me