SonicDeejay

BitCoin BTC/USD (29/10/17) *Small Pullback likley on the card.

Short
COINBASE:BTCUSD   Bitcoin
BTC is still in long-term uptrend but it is rather in range mode for now.
I am expecting some sort of quick pullback (a short one at least) for a time being.

If there is any slide occurs, do watch out that 5400 to 5600 level will act as regions of support.

If the region is broken, the price shall cruise easily down to 5000 level.



We have yet to see the signs of big down moves yet, but the small swing backs are likely.

Trade Safe,

s0nic

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.