JohnBat

End of growing of BTC?

Short
JohnBat Updated   
BITSTAMP:BTCUSD   Bitcoin

BTC is testing a downward line. As you can see recently, despite testing this line three days failed to break it. I expect btc to copy the traffic we were dealing at 9400-9600. Therefore, I will consider closing the long position. The chance for growth is around 20%. Do you consider.

The movs was predict in 84%. Thanks for follow and enoy your profits :)

Comment:
there is a chance that BTC will move between the "red line" and the "green line". I think, however, that the potential profit from this move is quite unattractive if we take into account the risk involved. At any time we can see a quick drop down which can be expensive to play. The first place to enter is the green rectangle level. Let's stick to it.
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