As I mentioned in my last post BTC now has confirmed the Death cross on 4hr TF. Also as outlined I entered short yesterday at 10330 on the break of 1hr 200SMA, and I added some more at 10450 on that short pump. Today by the time BTC hit 10000 I was out of 60% of my total position. I will continue profit taking at 9885, 9835 and final close at 9750.
After this Death cross I am now expecting a short pump in BTC towards 4hr 21EMA (~10200, yellow) .
The Short signal on 4hr 'Shepherd' worked really well and now we have similar short signal on daily as well. The last daily short signal (white arrow) pretty much called the top on BTC at 12000, so I am expecting BTC to continue the dump but I won't be trading that (as it will be moderate risk trade for me and I am happy with my profits).
This was very nice short with lot of profits. I hope those who saw that post entered it, if not, then no worries there are unlimited opportunities in this market.
**We move to the next one now**
Chao..
After this Death cross I am now expecting a short pump in BTC towards 4hr 21EMA (~10200, yellow) .
The Short signal on 4hr 'Shepherd' worked really well and now we have similar short signal on daily as well. The last daily short signal (white arrow) pretty much called the top on BTC at 12000, so I am expecting BTC to continue the dump but I won't be trading that (as it will be moderate risk trade for me and I am happy with my profits).
This was very nice short with lot of profits. I hope those who saw that post entered it, if not, then no worries there are unlimited opportunities in this market.
**We move to the next one now**
Chao..