norok

Crypto Spiking

Short
BITFINEX:BTCUSD   Bitcoin
All the things crypto are spiking on the swing trading timeframes. The Bitcoin entry now could be good... it has prior hesitation in price action and one could target the top of the range for a superb reward/risk. However, the rest of the spike signals in other cryptocurrencies look more like volatility. These spikes are happening in the battleground middle of a nasty consolidation.

I remain short BTCUSD Bitcoin and ETHUSD Ethereum. I am still looking for price to retest the Liquidation low of early December.

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