LucyF2492

My new swing plan for Bitcoin

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I've been holding a semi perpetual short on Bitcoin for what seems like forever at this point but I see a possibility strong enough for me to have stopped shorting the corn and form a new swing strategy. Here we have BTC/USD and its friend, the Weekly 200 MA. No need to explain what you're seeing but in the comments I want to show how the nasty 2014-15 bear market ended. It was the Weekly 200 MA(which can only be seen on BLX .) So far for this round, BTC seems to have quite a knee jerk reaction to it. Simply put, Anytime it gets close to the Weekly 200 MA, I will scale in long. Stop loss 3142.
BTCUSD H4 Correction up. Checkout the idea detail's and all the update's for the complete picture.
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