Short Bearish BTC Retest Before Move to $8100

2019年8月29日

A strong case can be made for the past two weeks of trade being nothing more than simple bearish consolidation before continuation. Today's move lower certainly looks like the beginning of that continuation. A low volume rise to $9700-$10,000 is a decent short entry with a measured move target to $8100 and a stop loss on a confirmed move above $10,200. With our daily volatility indicator rising into the 8/29 candle opening, it appears as though the selling is not finished.

2019年8月30日

トレード稼働中

Not a whole lot of time spent in that 9700-10,000 area yesterday. Daily volatility indicator still on high alert. Though we *could* revisit the 9700-10k zone soon, I think we see a test of 9000 first.

2019年9月2日

トレード稼働中

Taking longer than I anticipated, but we're here nonetheless. This is the spot to lean into shorts with a stop on a confirmed move through $10,200.

2019年9月3日

トレード終了: ストップロスに到達

Volume expansion today on a move above 10,200. Price now hanging in up here in what looks to be bullish consolidation. A successful retest of 10-10.2 should confirm the move, but my short is stopped out.