docfresh

BTC monthly chart resistance (candle body)

Short
docfresh Updated   
BITSTAMP:BTCUSD   Bitcoin
Hitting the open/close price of the December 2017 and January 2018 monthly candles. Anything higher than this is the monthly wicks... could sell your longs here (I sold 80% of my longs). A short would require a stop. This is not financial advice.
Comment:
BTC topped at exactly this level before droping $2000 in 2 minutes.
This trade idea is working so far.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.