rubypang

Bitcoin analysis

Long
BITFINEX:BTCUSD   Bitcoin
HI everyone. Thank you for sharing thumb up with my idea. I hope my ideas can help you take money.

Last time I said if the bitcoin break blow the support level, short the bitcoin. Did you shot the bitcoin? I did.
But the dropping is not sooth and easy, it isn't sharp enough. So this moment, if you haven't shot the bitcoin yet, don't short it.
If you have shot the bitcoin, please take some of profits back. For the rest, please setting limit position to TP.

Continuous decline for generating Divergence. Right now we can look forward bound will happen.
We can't predict exactly where the bound will happen, but I can say the next support level is around 3100.
So I prefer setting a limit position around 3100 to long the bitcoin.

Thank you for you reading. If you like my idea, please follow me.
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