hedgewithcrypto

Bitcoin slowly grinding along trend line

hedgewithcrypto 업데이트됨   
BITFINEX:BTCUSD   비트코인
I've set alerts and pending orders should Bitcoin take another dive down. I've been trailing stops from earlier swing trade positions which are now resting at $6,300.

In line with the current down trend, I'm looking for areas to add to my position.

We can see a bear flag is setting up along the trend line. A break here would likely result in a long red candle and would be numerous trade opportunities on the alt coins.

I'm hoping to take majority of my position off the table at $5,600.

Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.

코멘트:
Only a matter of time before Bitcoin breaks down. Don't be intimidated by any pumps higher unless its above the red line.

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