BTCUSD XBT USD SHORT-TERM SHORT PLAY BITMEX

5 Nis 2018

SHORT BITCOIN

Short from 6800-7000$

Target: 6450$

6 Nis 2018

Not

6 Nis 2018

Not

On the 15 minute Chart you can see how the 200 EMA is working as Resistance and the Price bounced of three times.
We can see a nice rising Wedge also. Everything working out as planned so far.

7 Nis 2018

İşlem elle kapatılmış

Not 6400$ but 6480$ reached.

50% of my Order closed at 6500 and 50% stopped out on my Entry.

So i am looking at 6900/6500 thats 6.15% Profit x25 leverage = 153% Profit ROE

But only 50% of my Sell Order got filled so the "Real" ROE = 76,5% Profit (50% of 153%)

Expected to do down more but i see bullish divergence (RSI) on the Daily chart,
so for now i will go LONG.

To be clear: I am LONG on Short-term. Im still Bearish on the bigger Picture.