norok

Bitcoin Update - 3 Setups

Short
BITFINEX:BTCUSD   Bitcoin
The opportunities at the 47k Resistance are still live. The first was a volatility spike around the Resistance to trigger a pullback trade. It got close to breaking the high but did not hit the stop. The next setup was a breakout of the Retracement Level, Ichimoku Cloud, and the Flag Pattern. There was a third short term opportunity today with a pullback to a Retracement level but if one were already in the first two trades it would not be wise to add until further profits are gained.

Watching for a move down to 39k level initially taking as much time as needed.

The ultimate target is the 15k-12k range.

"Be to others the person you needed to meet 10 years ago"

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