BTC BITCOIN FRIDAY 11/17/2117 9:47 CST - MAJOR SUPPORT BROKEN

BTC IS ON THE ROPES.

IT HAS BROKEN 5-6 SUPPORT LINES ,
AND HAS ONE LAST SAFETY BLANKET - THE 264 DAY SMA ( SIMPLE MOVING AVERAGE )

I HAVE SET UP A SHORT AS INDICATED.
ITS ABOUT A 50 / 50 CALL FROM HERE
AS BTC IS SAFE WHILE ABOVE 7500

BELOW 7500 ITS IN MAJOR JEOPARDY OF BEING SHORTED TO DEATH.
MY NEXT TARGET IS NEAR $6300 OR SO.


SO JUST A SMALL WARNING - LIGHTEN UP ON YOUR LONGS,
OR SELL YOUR LONGS
OR GET SHORT.

I KEEP USING NEW HIGHS OR NEW HIGHS PLUS ABOUT 125 POINTS AS MY STOPS.

GOOD LUCK.

PM ME WITH ANY QUESTIONS.