SRVgroup

BTCUSDT Waves. Under the microscop(23.10.2017)

Short
POLONIEX:BTCUSDT   Bitcoin / Tether USD
It's time for "divorce." The market will now dance as it pleases, and this is due to the vague attitude of the entire audience towards the approaching hardfork.
To date, there are many alternative options. We indicated 2 of them, which we use ourselves.
We see the weakness of the market for purchases, however, we do not see a desire to let go of the price of correction. The situation is confusing and requires careful attitude to operations.
We sell bitcoin at the current price with a short Stop Loss (short position). This operation looks more acceptable than buying at current prices.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.