#BITCOIN - Time To Close LONGs

15 May 2020

Bitcoin is overbought, expect a reversal today. There are still some chances of reaching the $10000, but at this point we will reverse for sure. LONG positions should be closed. We also considering opening a SHORT position at $9700 and average if BTC decides to grow up to $10000. Target is $9150.

15 May 2020

Not

Closed a half of my initial position at $9450 with 25% profit (x10 lev). Another part is on hold until $9250 with the stop loss placed in break even zone.