DrDan

I hope I'm wrong

Short
BITFINEX:BTCUSD   Bitcoin
BTC fits into a pitchfork framework. I'm waiting for it to make a small pull back and consolidation before pushing through into the next parallel or of course a major push through the entire next quartile would be great, but I don't think that's happening b/c we're still in a sellers market and below the 50 sma. If there is a pull back and consolidation then I'm in for the next test. Otherwise I'm staying out till the 50sma is in breached.
Not advice for money trading.
Best of luck.



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.