I am currently still long on BTC. I think we do need a confirmed close either on the 4 hour of daily candle above the resistance of $3940 before continuing the up trend. I am long from the 3700 support. I have moved my stop loss into a profitable area. If we close above 3930 - 3940, we are looking to run to the next resistance area. If not, its ok too. I'll be looking to close longs and re-enter at a lower price for some more gains. I think as long as bitcoin does not rip through the previous support of 3700, I am still looking to take long positions for the short term.
Make sure you guys give me a thumbs up and a follow if you like my stuff! I'd really appreciate it. I dont want to sell paper anymore..
Make sure you guys give me a thumbs up and a follow if you like my stuff! I'd really appreciate it. I dont want to sell paper anymore..