My thoughts about bitcoin

in #bitcoin6 years ago

My thoughts about bitcoin

y1m0vb0s8t.jpg

  1. As long as 6200-6400$ holds on a closing basis, 8000$ area strong resistance.

  2. If we lose blue support, 4300-4700$ is monthly support: bulls must hold.

  3. Orders set, planning to short $BTC at 7922$. Tiny size since it's counter-trend, consider this a hedge.

  4. Filled on my first $BTC short, have a 2nd ask above 8000$ in case we get another spike. COULD BE WRONG, 2nd chart is zoomed out plan. I think we retrace into 6400-6800$, where I would cover shorts and look to BTFD.

Good luck

Sort:  

Source
Plagiarism is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam.

Spam is discouraged by the community, and may result in action from the cheetah bot.

More information and tips on sharing content.

If you believe this comment is in error, please contact us in #disputes on Discord

Congratulations @yuriitonkov! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :

You made more than 400 upvotes. Your next target is to reach 500 upvotes.

You can view your badges on your Steem Board and compare to others on the Steem Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

To support your work, I also upvoted your post!

Do not miss the last post from @steemitboard:

New japanese speaking community Steem Meetup badge
Vote for @Steemitboard as a witness to get one more award and increased upvotes!