BTC Ponzi. The bear is coming back soon.

Dec 21, 2018

BTC Short Zone: 4000-4100

Stop loss: 4300

Target Profit: 3630

After my successful ride down from 3900 to 3100, I'm looking for a pullback to the 0.618 fib, or the 3600 level. This is a great opportunity to short now with relatively safe leverage (5-10x). Multiple 4 hour doji wicks and overbought MACD suggest bullish exhaustion.

Dec 21, 2018

Note

Dec 24, 2018

Trade closed: stop reached

Looks like more upside is incoming. The mid-term trend seems strong for the bulls.

Dec 26, 2018

Trade active

Re opened short at the 4000 level after seeing a classic double top pattern.

Dec 26, 2018

Note

SL 3950

Dec 28, 2018

Note

Just as I predicted...another successful trade :)

Dec 28, 2018

Trade closed: target reached