MedianLineAnalysis

Bitcoin too early to buy?

Short
BITSTAMP:BTCUSD   Bitcoin
Hello everyone, it's pretty hard to tell anything in this zone.

But this is my humble opinion of where the optimal buy zone for a swing trade now is.

It's at 8300-7900 area.

I'm actually taking a short position with 1% stop loss at 9180.
Trade active:
Short at 9180 with a stop loss at 9270
Odds are low of this trade working out, but the Risk/Reward is definetely worth it.
Trade closed: stop reached:
Too bad stop loss reached over night.
Trade closed.
Just going to wait for a buy opportunity below

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