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SasaT4NG
Jan 8, 2019 8:37 PM

BTC Short or long? Where to short, where to long? 

Bitcoin / DollarBitfinex

Description

BTC is following big, trend line, and move above it, but there is much resistance, so will it go up or down? To be honest, I do not know, but, I will tell you the best "short" and "long" position for the moment.
Big "resistance" and "Short" position is around $4200, and for the big uptrend, I will go big "long position, around $3200, because of the big support line. We will see in 2 days in which direction will BTC go, my opinion, it will go to resistance, and then down, to around $3890, then we can expect "long" positions on BTC again, next big resistance level is on $5200.

Comment

BTC broke the trend line, so it will probably go to test $3200, and then we can expect long again, until then, I will recommend "sorting" you position...

Comment

As we can see, BTC is still going to 3200, and we will see if it holds!
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