I wanted to get a quick post out about bitcoin.  It is currently in a very fragile state.  Several sell signals have been given on a few timeframes.  There is still time to lighten your position if you have not done so already.

XBT

ETH

ETH is also at long term resistance and an energy point.  IMHO it is a good time to take a bit of money off the table, if you have not already done so.

Those in our chat community have already taken profits.  One of our newer members recently stated in the chat room that this was his his first weekend with profits EVER.  How cool is that?  🙂

Happy trading!

 

Remember:  The author is a trader who is subject to all manner of error in judgment.  Do your own research, and be prepared to take full responsibility for your own trades.

 

 

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Categories: BitcoinEthereum

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