MoonTrader

Market trading in a tight range

Long
BITFINEX:BTCUSD   Bitcoin
Support and resistance levels have been defined and market is holding slightly higher lows and higher highs. For now, however, it's just sideways action. I'm already long at $266 with stops just below at $264, so this is a good R/R trade. If and when that resistance breaks, I believe it will just be a matter of catching the pullbacks, but the overall trend will be up.

BTC Donations:
1Eg1QK5vJVCcSoZM3Cp8dgpJ9jv4tjng8m

Thanks!

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