TroyByrne

Current state of BTC

Long
BITFINEX:BTCUSD   Bitcoin
If you have been following my analysis over the past few days, you should of made a tidy profit as we have been spot on. This is a quick chart to show where we stand and where we are headed, still bullish and will be holding my long position until I get a clear sign of a reversal. IF the 5 & 8 ma cross below the 13 or we have a sudden red candle that pushes below the 13ma , I will be watching very closely for an exit. We can always buy in after the correction at a lower price level.

Good Luck

G'day

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