ArtsTrading

Bitcoin the current play.

Long
BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
With the rapid move up from the long down trend I expect a .5 retrace into a bigger correction upwards towards 4,000. Would not short anymore, but look for retraces for a long position.
Comment: Retrace happend farther than expected in the future, look for the 1H cloud breakout for possible next big move.
Comment: Break out from the cloud took us to over 4,000. Looking for a retrace and than another leg up to around 4,400

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