UnknownUnicorn1520339

Small pull-back on BTC, as expected

Long
BITFINEX:BTCUSD   Bitcoin
We have tested the uptrend (dotted line) and it still looks healthy. If BTC is breaking the first resistance at around 11.300 we can see strong movements up to 14.500.

I still use BTC as the main indicator on price movement predictions on other top 20 alt-coins. I'm holding my positions and would consider trading again from 14.500.

Enjoy your weekend!
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.