sumastardon

BTGUSD Full rinse out - ready to go again ahead of weekend

Long
sumastardon Updated   
BITFINEX:BTGUSD   None
BTGUSD Full Rinse Out Ready to go again

Back in the buy zone ahead of weekend- it's been to the lows
at 193 where it was an outstanding buy and may present
another opportunity either from lower down again towards
193 or alternatively once 212 has been regained and holds for
a few minutes. The 191 level must hold up today to avoid
further significant weakness back to 151 (a good
short/reversal level for longs if we see it)
Comment:
This has already been as high as 281 to the resistance line shown on chart and is now testing support on another blue line at 254. If you didn't close out earlier (need more screens) then set a stop just under 252 to trap in 30 points now.

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