majorlee

Bitcoin Head & Shoulders + MA Cross [BTFD] 17th April 2018

Short
majorlee Mis à jour   
COINBASE:BTCUSD   Bitcoin
Pretty simple idea/update

saw a H&S forming, lets see if it does and short the market IF it completes

there is also a possible MA cross coming up on a 50/200SMA

if pattern completes then most likely a death cross will follow but if bitcoin finds some buyers then it could break the pattern and carry on up and probably form a golden cross

use fib levels to work out when to stop and take profits

like the last few months its very hard to tell were exactly we are going and can change from day to day and by hour by hour

trade smart or dont trade at all

peace
Commentaire:

still waiting for this pattern to finish BEFORE we enter....
Transaction en cours:
pattern formed, shorts in place

Ordre annulé:
patten did not complete as expected

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