BTC Update! Range bound Friday!

1 dic 2018

Quick update. I am likely off the trading side for the weekend unless extreme volatility. Sometimes, just happy with the week and don't need to risk giving anything back unless extremely favorable scenarios. Those still active this weekend tho, we had a nice day of sideways action. BTC is range bound currently. We had a low of $3869 followed by a high of $4020 the next hour. Approximately 4 hours later we double topped again at $4020 exactly and approximately 5 hours from there we double bottomed with a low of $3870. Overall a tight range. Bears allowing for RSIs to cool off and can step into short positions easily with a break below $3869/3870 while bulls may seek to step in with a break of $4020. Definitely worth watching and likely a trade-able scenario depending on if playing bullish or bearish and which direction it breaks. But personally will sit cash for weekend unless something more exciting shapes up.

See everyone Monday!

Just My 2 Sats!