calidax

BTC Will Get the D

Short
calidax Updated   
BITFINEX:BTCUSD   Bitcoin
3.4k #BTC
Comment:
Touched the trendline resistance. Expecting a wick up to 7.5k more or less and then the D shall be inevitable. Not talking in absolutes, please don't take this as financial advice!
Comment:
Perfectly held the two lines as the range and now seeing it as resistance. A break above 6.7k and we'll trade around 6.9k where I will look for more shorts. A clean break above 7.4k and hold will invalidate my plan.
Comment:
Short the resistance or long the support? I would personally go with the first option.

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