BTC is Consolidating as it figures out it's next move!!!!!
So yesterday my Strategy was to SHORT BTC. I suggested we patiently wait for it to PUMP UP and by it down @75-100X leverage. I was able to do that pretty much all day and night going into this morning.
As of right now I'm waiting for BTC to decide what it wants to do. Up or down... My Gut is telling me to go Long at this point and take advantage of a possible pump up to $10,500.00 but my charts and experience is telling me to hold tight and wait for clear direction...
Yesterday’s falling-wedge breakout failed and the key price to watch is $10,050.. If it breaks below $10,050.00 then the door will be open to drop to $9,700.00 so be very careful if you're considering going long at this point as failed breakouts are warnings of an impending sell-off.
Be careful and trade profitably!!!!
As of right now I'm waiting for BTC to decide what it wants to do. Up or down... My Gut is telling me to go Long at this point and take advantage of a possible pump up to $10,500.00 but my charts and experience is telling me to hold tight and wait for clear direction...
Yesterday’s falling-wedge breakout failed and the key price to watch is $10,050.. If it breaks below $10,050.00 then the door will be open to drop to $9,700.00 so be very careful if you're considering going long at this point as failed breakouts are warnings of an impending sell-off.
Be careful and trade profitably!!!!