FX_Crypto_Trader

Bitcoin Trade Update

BITSTAMP:BTCUSD   Bitcoin
Evening all, couldn't sleep so thought id check up on the charts see what's going on. Bitcoin Went straight into profit for us from the circled area I had marked up for a while which was nice to see. We had a couple of bullish days but price slowed down when it hit that supply zone above which caused the drop through previous demand. Today we have a bearish candle and what is possibly a lower high. So I advise to move SL into profits slightly here. If price respects the trend line and moving average we could be ok. But if it looks to break through trend exit the trade with your profits. Could go either way this one for me now at this point. Secure the bag and watch it out. GLIYF

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