The upwave behaved exactly as forecasted. 4000$ was a good resistance to take some profits.
At 3800 traders may find a good opportunity to increase the long position again.
But be careful
A break of 3700 will likely end the uptend and trigger a new selling wave heading to 3460.
A break of 3460 will cause more selling pressure. In this case expect 3000 to be tested.
to summarise:
Bitoicn long position is still active. Stop Loss 3700
See more at
perfect-trader.com/c...rtanalyse-01-19-2017
At 3800 traders may find a good opportunity to increase the long position again.
But be careful
A break of 3700 will likely end the uptend and trigger a new selling wave heading to 3460.
A break of 3460 will cause more selling pressure. In this case expect 3000 to be tested.
to summarise:
Bitoicn long position is still active. Stop Loss 3700
See more at
perfect-trader.com/c...rtanalyse-01-19-2017
Kommentera:
Kommentera:
still on course.