AutoCutLoss

Trading notes on BTC, make or break

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BITSTAMP:BTCUSD   Bitcoin
The bull has ran out of strength, the bears are lurking, some even started early. Sorry for the crowded lines, it's for my own purpose. But hopefully this can guide you as it has guided me for the last few weeks. 50:50 now on long or short for macro bias. But for now, aping in below 47
Komen:
Short term bounce has been printed, however, BTC could not break the resistance and heading back to the support trendline. My bias has been changed into more bearish, with invalidation only when we close above 51k in solid candle. For now it will be heading into MA200 (46k)
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