BTC Next Move

12 במאי 2020

Right now BTC is in accumulation Will range bound as defined by the wedge and CCI indicates that both upside and downside moves will happen within next 24 hours in a range from 8100 to 8800. SHORTS can be closed at 8300 followed by new LONGs with TP at 8800. Rinse and repeat with squeezing range bound motion until breakout happens within 24-48 hrs. Its a risky move. Safe bet is to the open short from 8800 and keep it open as market evolves in next 10 days.