MrLucifer7

Channel Established

Long
BITFINEX:BTCUSD   Bitcoin
Called the BTC top however I have been travelling a lot so I am mostly just giving my analysis on twitter until I get back home. Anyway I do believe we are in a bull market finally. Lots of bigs still too shy to call it what it is or are just unaware. As of now we have had our first 4 waves and I am now waiting to see if this .5 Fib level holds with this channel being established. There is a lot of resistance at this level. Again for those that thing we are going into an extended bear market I highly suggest you take a look around at the supply of coins at these prices in the Alt market. There simply isn't enough out there.

At any rate. I am long at this time unless the channel and fib level breaks which means we would test the next fib level and then it will be a wave failure there after. Hope you all have been practicing proper risk management . LEARN TO TRADING

Good luck Gents,
Mr. Manbearpig
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