BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello all,

Quick update for now.

I am bullish bitcoin . I strongly believe we could break out the the descending wedge to the upside in the coming days. Either way, get ready for a big move out of the wedge . I'm betting long.

-YoungShkreli
Sep 21
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Here's my Friday Sept 21 analysis | I discuss 6800 resistance | Multi time-frame resistance levels | True bull run vs. bull trap:
Reply
I agree. But will be shorting near 6900.
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@Xzhi, Just use a stop outside the wedge. If it breaks out the wedge, could get ugly for you.
+1 Reply
YoungShkreli YoungShkreli
@YoungShkreli, Take a look at xrp. It's very possible sentiment is changing. I'm hoping :)
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Xzhi YoungShkreli
@YoungShkreli, Yes quite possible. I will be waiting for a retrace to long if we do break out.
Reply
@Xzhi, Just always have a plan and manage risk. There are only 3 rules to trading and they are all the same: manage risk.
+1 Reply
Xzhi YoungShkreli
@YoungShkreli, yes, you are 100% correct.
Reply
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