Bitcoin: BTCUSD Wednesday Update and Buy Points
Is there an X man who doesn't need to sleep? That's what we
need to be to keep on top of Bitcoin. Still feisty, still full of
fight, just when it looks like it might be settling down a little
it snaps back again. Tried shorting from 8060, looking for 7800
before reversing back long again - just before spotting...
Bitcoin Update BTCUSD
So Bitcoin could be double topping - if it is it only gets
confirmed by a fall below 7347 support line, with first clue a
break below the dynamic support (not relying too much on
the parallel yet until we can see how it responds when
touched, if ever.
The other way out from here is to break above the little
parallel above it and make...
BITCOIN: BTCUSD Next Buy Points
First off, that pin bar from the high today is threatening, now
followed by red bull-engulfing candles, so am relieved we closed
out just on the high of the day, so far at least...we were lucky.
So now we're looking to buy again from lower down...
First support is 7350-7340, and then 7300-7270.
But now, as this is written a pin...
