BTC update

There is still little price action. This normal, also known as accumulation. There is some upwards price action but very steady and slow. This looks like a rising wedge/triangle. If thats true we will see a drop in price later on. RSI and MACD dont tell us anything about BTC direction at this point. So patience is key here. If you are on bitmex you can use the long and short position strategy. Long ready at 9400-9500 and short ready at 9200-9100.


DISCLAIMER :

We are not professional traders nor financial advisers. Please invest/trade at your own due diligence! You can't hold us responsible for losing money on trading signals we give you. You and you only take responsibility if you buy crypto and lost on these trades. So do your own research before buying. Our trading  signals are purely informational.

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