I believe any positions should wait for a definite breakout of either side, allowing for one to two days of consolidation around a broken and supported by other market signatures such as a fib retracement on the way up or down. Keep in mind that the overall trend is , and the laws dictate continuation as a more likely scenario than a reversal, especially since the 1D timeframe reveals a continuation as well. The cloud is contradicting this, with the Tenkan pulling upwards, possibly for a C clamp or weak TK cross at some point. The Kumo is flat... let's wait and watch. I'll update as things progress.
I will stay neutral for now.
On the other side, I've been making money off the altcoins on BitMEX and Bittrex, choosing to steer clear, but as of right now all my alt positions are closed (in profit, all of them :) Please see my track record so far on my profile page!).
Please feel free to ask any questions.
NO DUMP D: