Reasons for a short position:
1. TA: Overbought market.
2. Bitcoin has reached the resistance level in ascending channel.
3. Black Monday anniversary.
1. TA: Overbought market.
2. Bitcoin has reached the resistance level in ascending channel.
3. Black Monday anniversary.
Komen:
First T/P is ME50, 4500 USD.
Komen:
S/L is 6200 USD
Komen:
One more reason to short bitcoin, is that the snapshot to gain free bitcoin gold already took place today at 6 AM UTC.
Komen:
still holding short position.
Komen:
I think it's better to close this position with a tiny profit.
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