btcboxbitcoin

TODAY'S BITCOIN PLAY

btcboxbitcoin Uppdaterad   
COINBASE:BTCUSD   Bitcoin
reenter a second position at $8888 with a stop at 8819

waiting to see what will bitcoin do today,

we want it to keep the uptrend not breaking the trend line and we want bitcoin to break resistance at $8952,34

if we break 8952, we want it to keep going with the trend-line, if it breaks the trend line, we want it to retest the resistance area and becomes support at 8952, chop around the new support area and create a new higher high and retesting resistance at 9073,

we wont be taking a short at this moment except if we dramatically go down and retest 8400, there is no reason at this moment to be thinking about shorting bitcoin in an uptrend, there might be a shorting opportunity in a lower time frame, but will be much riskier if you aren't an advanced trader,

be safe traders
Kommentera:
will take half my profit at first target 9000
Kommentera:
guys we are getting extended on the 15 min chart we will definitely see a pullback soon
Kommentera:
give it time for a reentry
Kommentera:
give it time to rest possible reentry at 8952
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