bejaneps

BTCUSD Bitcoin. Quick Trade.

Short
bejaneps Updated   
BITFINEX:BTCUSD   Bitcoin
Looking at the BTC graph, I see possible C&H pattern. It's obvious that it will retrace from 11500 - 12200 price level and may go until 9500 - 10000.

Slow Stochastic oscillator at oversold level and indicated that price will go down soon, I recommend you to put your sell orders between 11900 - 12200 and to buy at 9500 - 10000. Also, we have resistance at 12000 from Ichimoku Cloud.
Trade active:
Correction began.
Trade active:
It's more like elliot waves, see pic below, going down until 2/1 Gann Fan and continue long term uptrend.

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