illuminating_trade

short position opportunity for btc

Short
BITSTAMP:BTCUSD   Bitcoin
btc isn't react from strong resistant line 18000.

I personally believe that this would be nice to short the btc from now on with low leverage.

good spot to challenge.

My target is around 12000 to 10500 .

median would be 11200 probably.

over bought and cpi data is incoming.
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good luck all. check out my previous analysis. only the result will tell.
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previous analysis
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CPI data is bearish.
I am on short currently and profit looks reasonable. Not much to comment now. Let the chart flows. :)
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I updated idea recently check out my new idea
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