TheWolfofPoloniex

Whales are Counter-Trading Yet Another Rising Wedge

BITFINEX:BTCUSD   Bitcoin
BTC is in another Rising Wedge with whales trying to push through resistance. Due to this, it's best to have a neutral hedged position. A short position with a tight-stop and a low-leveraged long without a stop. I say no stop because we're very bullish and even if we do retrace down, the price will just come back up as soon as the Daily Stoch hits the floor.

Happy Trading!
-Wolf

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