KongTrading

$BTC #Bitcoin Head and Shoulders seems like a very likely option

Short
BITFINEX:BTCUSD   Bitcoin
This is just a short idea that I have seen directly after todays push.
For me there is very strong resistance @6800 and that might hold, we might see BTC hanging there for a few days and then going back down, regaining some deep RSI points and starting a new rally from there on.
As it is right now, I don't believe that Bitcoin will get REKT wishing 1 day. It will have its little bounces all along because now many people are buying dips again and there are man signs for a new bull run very soon.
Nevertheless, I am saying very soon because we had a lot of very green days in the last time now and people are getting a little too excited and forget to take profits.

I am going to do a more detailed Bitcoin analysis this week, stay tuned!!


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Cheers, Tomas

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