The_Wrap

BTC short term buying

Long
The_Wrap Updated   
BITFINEX:BTCUSD   Bitcoin
I have taken a position for a run up into the kijun zone where I will possibly tp and open more shorts if price action suggests.

Should the 8300 zone prove to be to much for price to get through I will close position.

Not overly confident we see this move play out and as such I am only taking a small position and leaving my remaining shorts open from 10k.
Trade closed: target reached:
I have closed this manually for a small profit as I am not convinced buyers have any strength whatsoever and the selling pressure will continue.

I am not ruling out a run into the kijun zone, and as I said if it occurs I will look to open more shorts in that area given the correct trade setup.
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