Bitcoin short round #2

21 Jun 2017

Bounce potentially over. Weekly with enough room to go down.
Time for some profit collection from bitcoin whales.
Entry: 2700
SL: 2850
Target: 2300-2000 area

21 Jun 2017

Nota

I think is going to test the bo level around 2730. placed some sell orders there.

24 Jun 2017

Nota

Got filled at 2730 too. Holding a pretty large short.
Now started moving, let's see if we can have enough bear strenght to go down to our targets.

24 Jun 2017

Nota

Btw, i want to share with you fellow bears this crazy idea
<deleted>

27 Jun 2017

Nota

Target 1 was reached today. Expecting target 2 to happen by the weekend

27 Jun 2017

Nota

Bounce shouldn't go much higher.
2630 tops in my opinion. Anything above that would put in danger the move down.

28 Jun 2017

Nota

The current level (2540-2560) is a concurrence of 3 retracement levels.
50% retracement of this wave down from 2790 to 2290.
38.2% retracement of the correction since the last week low at 2120 to the last high at 2790
50% retracement of the move down from 2975 down 2120
We also have 200 4h SMA resistance and horizontal resistance.
We'll see what happens here.

29 Jun 2017

Nota

1 Jul 2017

Nota

Heading down again. This is a key level, breaking down would guarantee target 2 (2050's)

3 Jul 2017

Nota

we bounced and broke the trendline, now retesting.
key moments again for btcusd

7 Jul 2017

Nota

10 Jul 2017

Nota

Are you guys ready?
Target 2 incoming :P

10 Jul 2017

Nota

Potentially bouncing here to retest broken trendline. That would provide us a safe place to add/open shorts.

15 Jul 2017

Dagangan ditutup: sasaran tercapai

And target 2 reached!!
20.5% net profit before leverage, crazy profites after leverage :D
hope you guys enjoyedit.
Now time for a small bounce before next short.

17 Jul 2017

Nota

Dump seems now over. We missed a 10% extra move down to ~1840 support.