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CryptoAvenue
Nov 16, 2017 7:35 PM

Bitcoin close to ATH - 16.44% up since breakoutrange. 

Bitcoin / U.S. dollarBitstamp

Description

With breaking out of the breakoutrange, BTC is up 16.44%. WIthin two days it seems that we test the all time high very soon.
one things to learn here: Stick to the trend and ride the wave as long as you can. The trend is our friend.

What to do at the ATH?
-you could close your position, because there will potentially be a lot of buyers and you will get filled with your order.
-or you sell half of you position to secure some of your profits without missind te potential spike to higher prices.
-or you do nothing and wait for higher prices. With the potential risk of a dobble top and a correction.

Make up your mind and decide what is the most compftable trade for your personal risk to reward preference.

Stay happy, stay healthy and happy trading!
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