EliteTrader101

Bitcoin is now strong because Retail traders are short!

Long
BITSTAMP:BTCUSD   Bitcoin
All the stops of the weak buyers have been taken on this aggressive move down into 540 level where Big Boys had resting orders. I know this because i looked at the 5min and almost all the volume came in at the bottom of the 15min bar at 540. I think this is going to 640, but has to take out 615 first. As long as price stays above 549 prices should rise quickly to my targets.
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.