TomProTrader

BTC/USD - Optimistic But Be Cautious

TomProTrader Updated   
BITFINEX:BTCUSD   Bitcoin
Bitcoin had a nice pump up which is great, but this is to viewed with much caution. Fundamentally speaking, there's a lot of stuff flying in the air at the moment and trading into Bitcoin could post risk. Do your due diligence and most importantly, ignore nonsense rumours, follow the facts only, not speculation.

A nice green candle would usually show massive enthusiasm. Usually? It does... But you must be careful taking it seriously. Naturally, if price stays above the side-wards resistance and tests it as a support level, then it's a nice buy - naturally.

Where do YOU think price is headed? Leave a comment with a chart and let's share our thoughts!

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Comment:
Trade going EXACTLY as planned !!! :-)
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