Smoak

Bitcoin's Next Move

Smoak Updated   
KRAKEN:BTCUSD   Bitcoin
Decent profits if you play this bounce but I would exit any long trades at this level and open new shorts.
Comment:
This didn't quite work out as planned but we'll take it. I think we may reach the 8700 level but you may want to consider taking profits now and potentially entering short positions from this level.
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.