MarketIntelligence

BTC Analysis

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BITSTAMP:BTCUSD   比特幣
Dragon takes flight as the pattern indicates. Looking to build a long position with resistance at Downward PF (Red). Stops in place if a Dragons Eye or Pierce of the Surface occurs (Red).. Until further notice, embedded stochastics suggests overbought, yet higher levels until a break.

Short position suggests a retest of 50-53k. Rejection of the current PF at 49k. Always manage risk on both sides of the trade.

Good trading !

"If you know your enemy and know yourself, and you will successful in every battle." -Sun Tzu
評論:
There it is. Failure of the upward PF revealed a short position, right to the line (for now). Great trading!

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