Low Pro

Consolidation in the 550-600 range. Indicators recharging.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
95 3 1
Long between 550-570
Cover 580-600
Re-long past 600

Too risky to short.
Is that a plan to buy in at three points? Or have I misunderstood?
Low Pro johnrfraser
The boxes are just Buy/long and Sell/Short ranges based on support and Resistance.
+1 Reply
Thanks for your reply... gather from your other post your busy...'cover' is where you sell then I gather. 'Re-long' you buy in again if we pass 600 as this is a positive 'go' sign.
Think I follow the terminology now.
Thanks again.
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