I think BTC will try yo test the global sell zone 4000-4400$, where all the latecomers (who bought around 4500) will try to sell their BTC with minimal loses.
Also I am waiting for a great correction to 2000$ (i think we will heard new bad news about some problems inside the BTC community on the eve of Segwit2).
Also I am waiting for a great correction to 2000$ (i think we will heard new bad news about some problems inside the BTC community on the eve of Segwit2).
Comment:
Looks like we need to test 4500$ and after that the main target will be 2200$.
I am sure, that Long positions are in dangerous, so it is better to fix profit on 4400-4500$ and after first downtrend impulse it's quite clever to look for a short positions, trying to accumulate them higher than 3900$.
I am sure, that Long positions are in dangerous, so it is better to fix profit on 4400-4500$ and after first downtrend impulse it's quite clever to look for a short positions, trying to accumulate them higher than 3900$.
Comment:
No Volume.
Short
Short
Now i recomend to put trailing stop for your long positions, or to put min stop to get maximum of profit you've got.
Short position is a suicide at moment. So you need to see how price will touch 4380-4430$ zone and after that it will be clear - is market ready for a downtrend or not.
Thank for comments.