Simple_Renko

3 Scenarios for BTC...

BITFINEX:BTCUSD   Bitcoin
I can't find anything definitive on this chart, so I am neutral-Bearish on BTC's direction. With retail traders being VERY net-long BTC, I am assuming that prices may continue lower, but a rally in price is still in play, although not very likely in my opinion...

See callout bubbles. Simplify your trading. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.

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