filiwnydd
Long

Short position closed

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I'm sure you know for yourself we're not getting anything lower than what we've seen yesterday.

By checking out the fibs, I went LONG.

Comments and reactions are allowed, for my improvement. thanks :)
Comment: Bear hunt over

Comments

The MFI was in the tank and macd was showing below the 0 line, so there was still plenty of potential on the downside. Based on those two indicators, I became bearish at about 1:50UTC and am still short. Fibs are really cool and I want to learn them. However, if the money's still pouring out of the market, it's not time for an upswing yet.
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