peterbokma

BTCUSD-SELL strategy MT

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BITSTAMP:BTCUSD   比特幣
Medium-term the chart looks a M-top and this signifies a much lower value to be seen.

The neckline is around $ 35,000 and once we extablish below this level we should see developing a move to BELOW $ 10,000.

I understand the whole worlds feels we should see higher Bitcoin levels, but I am not agreeing with that idea at all.

For now SELL $ 39,000 - $ 41,500 and take profit @ 17,500 for now. Stop-loss above $ 46,500.

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