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RE: BTC - Explanation about my trade of yesterday for your education

in #bitcoin7 years ago

Looks like it was consolidating and getting tighter right? So it was gonna make a move once it broke trend lines of the triangle you were ready to place the sell or go short? T.A. Noob herw sorry lol.

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Exactly, it was consolidating inside the triangle I traced.
I waited to see the direction of the explosion, here it was down, so I shorted the BTC immediatly after it broke my resistance line and closed my short lower with profits.

Nice play. Nice play.