BTC short-term LONG, mid-term SHORT

20 ม.ค. 2019

I think it's still uptrend, because the latest fall didn't break the lowest price, and the price was back on the upward trend line.
Therefore I expect the price will be a bit higher, however price increase will stop around 410,000 yen. There will be double top or something around the line, then I will have a short position till 350,000 yen.

20 ม.ค. 2019

บันทึก

Now the price is approaching 390,000yen line. for this BTC/JPY chart, 390,000yen line is recognized as H&S shoulder line around Dec/10 2018.
Look thoroughly at this line as well, if the price suddenly falls, be sure to close the long position.