RogueTrader1111

BTC gonna hurt

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BITMEX:XBTUSD.P   Bitcoin
Resistance holds strong at around 9500$ but lower lows one after another, all Alt coins going down very strongly showing all these weakness signs since way in the past + ma crossovers really indicate the resistance is likely to collapse. Then its gonna hurt. definitely not time to be long. and entering short with anticipation instead of reacting to breakdowns below the resistance might be not a bad idea. Plus remember - these are cyrptos they are a lot more submissive to such simple TA, which really tells me this is a good time to gear up for shorts. Even if it doesnt work - downside is very little here
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