Short

VERTCOIN/DOLLAR (Potential short)

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CONFLUENCES
-A range might be developing into a BIG seller reign;
-Potential Fake out on range top in the direction of the big seller territory. (Engulfing bearish candle + inside bars on daily)
-The buyers are testing too much times the diagonal trendline in a short time interval; which could be and indication that they are fading
-BTC (The leading indicator) has some big sell orderflows unfold; whick might result in a potential short term sell.

Trade with care & Good luck!
Trade attivo
Seems like we have a brake of the diagonal Trendline; descent enough to consolidate a little bit more my confidence! Bitcoin which is the leading indicator is moving accordingly aswell!
Trade chiuso manualmente
1R of the trade booked. thanks for following!
Wave Analysis

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