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TrueGann
Feb 11, 2018 8:33 PM

Cup and Handle - Possible shorting opportunity Short

Bitcoin / DollarBitfinex

Description

BTC presenting a possible entry within the handle currently forming.
Target is conservative but I would consider it an important point of interest, as the case in a weak market we would not be able to penetrate and selling may be advisable.
Comments
k6
shorting means you borrow someone else's bitcoin, sell it and then buy it back at a lower price. You are talking about buying for a very short period of time and then selling - which is going long for a small amount of time not shorting
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