MarketAlly

Bitcoin at a pivotal intersection

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
I am neutral as I wait to see if 443 holds but would not go short unless 400 confirms the breakdown. The Green channel is where I am watching with a greater than 65% probability a short squeeze occurs into 617 area in short order. If we get a quick rise, I would only look to add shorts at 710-720 area, looking for wicks. One could short the initial 617 price target but I would take profits in short order.

In either case, I am watching over the next couple days.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out