BTC/USD Bitcoin still long ......but
The upwave behaved exactly as forecasted. 4000$ was a good resistance to take some profits.
At 3800 traders may find a good opportunity to increase the long position again.
But be careful
A break of 3700 will likely end the uptend and trigger a new selling wave heading to 3460.
A break of 3460 will cause more selling pressure. In this case expect 3000 to be tested.
to summarise:
Bitoicn long position is still active. Stop Loss 3700
See more at
perfect-trader.com/chartanalysen/bitcoin/1447-btc-usd-bitcoin-chartanalyse-01-19-2017
At 3800 traders may find a good opportunity to increase the long position again.
But be careful
A break of 3700 will likely end the uptend and trigger a new selling wave heading to 3460.
A break of 3460 will cause more selling pressure. In this case expect 3000 to be tested.
to summarise:
Bitoicn long position is still active. Stop Loss 3700
See more at
perfect-trader.com/chartanalysen/bitcoin/1447-btc-usd-bitcoin-chartanalyse-01-19-2017
Note
Note
still on course. 
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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.