possible direction BTCUSD

in #trading7 years ago

THE PRESENT MOVE OF PRICE IN CRYPTO SEEMS TO ME LIKE A BULL TRAP. HOWEVER, I COULD BE 1MILLIO% WRONG. I AM ONLY GOING TO BE CERTAIN IF PRICE FULFILLED MY SECOND CONDITION BY BREAKING $12K.
WHILE WAITING. THE FOLLOWING CAN BE CONSIDER FOR FURTHER STUDY

  1. GO SHORT IF PRICE BREAK BELOW THE LINE AND TARGET $6700
  2. GO LONG IF PRICE BREAK ABOVE. TARGET $12,200.
    btcusd 2.pngSEE CHART BELOW