Bitduke

XBTUSD: Short Resistance

Short
Bitduke Updated   
BITMEX:XBTUSD.P   Bitcoin
Bitcoin, after cutting through the purple range, slowed down on 1D resistance and I begin to recognize signs of losing momentum (but maybe it just seems to me and this is a small reprieve before new highs).

Short at ~8550, risking 2.35% of my equity (50% of today's profits), targeting purple zone.



Information is just for educational purposes, never financial advice. Always do your own research.
Trade active:
Moved stop to 9065, not sure that it'll fall like the last time.
Trade closed: stop reached:
Pew! Had to close earlier =\ But whatever. Trade was closed at 9065, -1.4%.

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