ProTradingFX
Long

Bitcoin: Futures Demand

CME:BTC1!   Bitcoin CME Futures
The situation on the futures market is positive:
  • Impulse demand
  • Contango. Demand on the next contract
  • Increased volume

Fading of the movement is possible in area 5000. Please be careful!
It is possible to open a medium-term short sell from area 6100-6700 in case of growth continuation. Values of the price 5400-5700 - a zone for short-term sales.
I consider long positions only at correction to 4100-3700. But impulse decrease without ranges is necessary.
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