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botje11

Short on bitcoin still looking good

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Bitcoin (BITSTAMP:BTCUSD)  
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BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Chart Patterns
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trendanalysis chartpattern
I have an updated chart here, for my short position on bitcoin, the 5400 level should be strong resistance now, it has made a few pullbacks to the 5400 level, but there is a big chance there will come another one, maybe even to 5450. If it does, that will be a perfect opportunity again to go short, good luck
Komen:
There is some good support at 5240/5250, if it breaks, big chance it will accelerate to the about 5100
Komen:
It's just like a tesla drag racing :)
Targets in reach, dont get greedy!!
Komen:
I am out with half on 5140, thats a nice 500 point profit.
For the other half i have lowered the stop to 5270
Good luck
Komen:
It will probably go until 5250, there you could take a small short again with a short stop at 5305
Komen:
Its even weaker than i thought, everything is still in place, the stop for my last half of the position and i will close these around 5050 probably
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