AmritB

Technical analysis and beyond!

AmritB Mis à jour   
BITSTAMP:BTCUSD   Bitcoin
Somebody look at 'BTCUSD longs', been skyrocketing for weeks with no stopping while BTC/Bitcoin itself is tanking. Might be a pump incoming..

Falls to the ~6050 range, I'd recommend starting position here. I also believe with such high long volumes a shakeout will occur as it has in the past, average down your cost all the way to ~5000. The long positions have to go liquidate somewhere and its at ATH. Crypto has been quiet for a while and expect to be taken by surprise whether or not you know all the news.

Long target is ~8000 - 11000.

Take a look at BTCUSDLONGS here.

Just some educated opinions, nothing here is investment advice tho.

Leave a like, comment if you think other-wise.
Commentaire:
BTCUSDLONGS has increased nearly 10k in positions in a week!
Trade fermée: cible de profit atteinte

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