Nirland

Bulls showing life - what now?

Nirland Updated   
BITFINEX:BTCUSD   Bitcoin
Bulls broke the 6850 resistance with extreme force, now looking way better than before but still there is a huge resistance at 7.8k currently, if we break above 7.8k go long with sl at 7.8k. If we break bellow 6850 go short with sl at 6850. You can also short between 7550 and 7800 if you think btc is bearish but get out of any short at 7.8k. Please note that btc market does not act the same way every time, for example could break 7.8k go to 7.9k then back bellow 7.8k again if that happens it is a strong sell signal. Don't worry I will keep posting updates to the situation. Happy trading :)
Comment:
RECOMMENDED SHORT 7450-7550 CURRENTLY! PUT SL AT 7550 (IMPORTANT)
Trade closed: stop reached:
SL AT 7550 hit, short again if it goes bellow 7.5k
Trade active:
7.5k hit SHORT call ACTIVE. These fakeouts are annoying sorry for those who got cancelled out.
Trade closed: stop reached:
SL 7.5k hit , 7.8k hit ALL SHORTS CLOSED.
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