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litchz
Feb 12, 2018 1:21 AM

Safest TIME to buy in a position IN BTC/USD Short

Bitcoin / U.S. dollarBitstamp

Description

As we can see here in the 4 hour chart in BTC/USD Bitfinex. We reached an low of 5.8k-6k and got a bounce and we still in consolidation, in the EMA line of 180 we haven´t crossed that line yet but we touched and it rejected it again. I am planning to see that btc retest the support of 6k and creates a double bottom to add into a position. Do you think is safe to buy now that BTC is cheap or are you waiting for an confirmation?
Comments
chefjeda99
buy some now, set a stop l. 2% MAX, AND TRY TO POSITION IN A LOWER PRICE
litchz
@chefjeda99, ty for the recommendation, just draw another idea. Saw the line of resistance to break and the head and shoulders forming :)
Joker1970
@chefjeda99, makes sense
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