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reviveinvestments
Dec 26, 2017 8:50 AM

Short Bitcoin till 14300 Short

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin/USD is forming a upwards triangle formation. Reversed 3 times already, now about to do it the essentail 4th time. Short bearish move till 14300 ahead, followed be retest and possible bullish outbreak at 15500 levels.

Trade closed: target reached

Comments
BehradM
14,900 in your dream. correction was done. 23k on the way
Malkaviano
Flat triangles usually break towards the flat side....
reviveinvestments
@Malkaviano, read my idea carefully.
Intermediate bearish move, followed by a bullish outbreak to 20k levels.
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