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Jul 21, 2018 4:56 PM

Buy above 7800 and short under 7220 BTC/USD 

Bitcoin / U.S. dollarBitstamp

Description

On the BTC, the flat continues. Tonight there was a false breakdown down, after which we returned to the range. You can keep longs on BTC, but now it is undesirable to buy altcoins. On the breakdown of the local consolidation, there is not much point to add value, because the trend resistance line is already at $ 7700, and the strong resistance zone at $ 7800. For these values it is desirable to fix all the positions to later open on the breakdown of $ 7800, if any.
When you exit under $ 7220, you can shorten both BTC and altcoins.
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