Hello all, as an ongoing commentary on BitCoin
here is the latest offering. We basically rallied right up into the Optimal Trade Entry ( OTE
) short sweet spot ( 800
.96) and have oscillated around that level for the past few hours. While I would like to be short from that level, I did have a smaller time frame setup come in on a move through 796 today and so I suggested that as a level to work with. Downside targets are limited on this play ( OTE
atm currently 746) and I am more than happy to risk up to the recent peaks at 837...