gpurri

gpurri Updated 

Market seems to be signaling that BTC is heading down after all. I do like to use this two MA's in BTC because they do not cross very often and, when they did, one of this two things was going on: 1. We just had a big correction and prices are consolidating with RSI heading up. Then the bullish movement was confirmed with a quick crossing back of this two MA's....

gpurri Updated 

RSI confirms bearish movement. Fibo from 8k support indicates that we are in a critical consolidation. If price bounces to the 16,5k level, we should consider stopping the short and waiting for the consolidation back at 20k. My targets are: 20% 12,7k 20% 12,1k 60% entries around 10k, a strong support This is a short term trade idea (not an advice), and I am...