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.
Comment:
First T/P is ME50, 4500 USD.
Comment:
S/L is 6200 USD
Comment:
One more reason to short bitcoin, is that the snapshot to gain free bitcoin gold already took place today at 6 AM UTC.
Comment:
still holding short position.
Comment:
I think it's better to close this position with a tiny profit.
Order cancelled