Sunday Short......

in #steemleo • 5 years ago

Screenshot_20190908-201843_Chrome.jpg

Hahahaha.....couldn't resist 😈

I took a short on Bitcoin based on the supposition that price will continue to drop based on the longer term daily chart.

20190908_202342.jpg

Price has retraced back into a 4 hr support and will most likely drop from here to the next support line.

Screenshot_20190908-181913_Chrome.jpg

Not gonna lie, the upside down head and shoulder pattern has me a little worried so my initial trade is only 1% of capital andci have a fairly tight stop where I only lose $20 if I'm wrong on the trade idea. This is a risk I'm willing to take.

#bitcoin #trading #finance
5 years ago in #steemleo by
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     5 years ago 

    Got to love those short shorts, but in this case I bet you want the short to be as long and keeps going down as much as possible. Nice click bait :P lol

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     5 years ago 

    Haha...was testing my theory that a spiced up post gets more reads.Trade ended up successful- got out as planned before big move up :)

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     5 years ago 

    !sbi status @tuanis

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       5 years ago 

      Hi @raserrano!

      • you have 125 units and 25 bonus units
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      • your next SBI upvote is predicted to be 0.090 $

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      • 79.69 % has come from your subscription level
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        Did you know that your SBI level shows in your Steempeak wallet?
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       5 years ago 

      !sbi @jrb450 status

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