TroyByrne

Current state of BTC

Long
BITFINEX:BTCUSD   Bitcoin
If you have been following my analysis over the past few days, you should of made a tidy profit as we have been spot on. This is a quick chart to show where we stand and where we are headed, still bullish and will be holding my long position until I get a clear sign of a reversal. IF the 5 & 8 ma cross below the 13 or we have a sudden red candle that pushes below the 13ma , I will be watching very closely for an exit. We can always buy in after the correction at a lower price level.

Good Luck

G'day

Thanks for dropping by, hopefully, you garner something valuable from my post, be it educational or an idea towards a trade of your own. Please share, like and comment and engage with me, I am here to help.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.