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RE: 1/12/2017 The Market View and Trading Outlook

in #bitcoin7 years ago

Don't get to ahead of yourself. Yes the indicators are saying buy.. That said do so carefully, go in say 30 percent of what your are working with in your capital for BTC. Let it run, await a pullback on the smaller frames to provide upside confirmation again and add too. That said we are coming right back down sometime after $16,000 more than likely or less depending upon how long it takes to get to the upper boundary. The longer it takes the lower the ceiling. Remember the triangle slopes to a point so the ceiling gets lower and lower with each passing hour

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