Cryptocurrency market on January 14th. While the script

in #bitcoin6 years ago

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At the moment, BTC continues to behave quite predictably - the price stood at the level, gathered buyers, and then broke it down, collecting their stop orders. The receiver is old, but apparently still working. Apparently, the whales have not yet woke up with the holidays and the imagination is enough only for classic shavers. According to the law of the genre, now we have to throw out sellers who open positions after the breakdown level.

I remind you that whales are not fools and do not work according to any rules, guided by how the situation develops.

Therefore:
1) you can buy by placing a stop immediately after the level (in the picture is red), it will be about 1.5-2% of the price with the goal of 3800 - 5% - in this case, the ratio of profit / risk = 3/1.

2) you can continue to wait for the price of 3300-3400 and buy only there for the purpose of 4000-4400, this trade is more interesting in terms of profit and less stress-free.

Otherwise, nothing interesting happens, either to prolong the holidays, or to get into short border trades.

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PS. I've been using Coinbase which makes it really easy and safe to buy, sell, and store digital currency (like Bitcoin). I got us $10 each of free Bitcoin when you sign up with my invite link and buy or sell at least $100 of digital currency:

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