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"Advanced Orders" help you firmly implement trading strategy in the ever-changing market
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Bitcoin is approaching a local resistance. what do we do?

a lot of cryptocurrencies are having a nice rally right now. it seems like a broader crypto rally. some of the alt coins have been doing especially well over the past 24 hours like one of my favorites to swing trade on occasion $ETC (ETC.CC)$
if you are thinking about investing in these cryptos then personally I would wait until Bitcoin reaches the resistance level mentioned below. after we see what Bitcoin does at this price level then we decide if we should enter into an investment with some of these cryptocurrencies. you must not buy on the highs. especially with volatile cryptocurrencies. be very patient
Bitcoin is approaching a local resistance. what do we do?
below you can see Bitcoin futures. Futures contracts are showing only a slight upside in Bitcoin in the near future. these numbers can very quickly change if sentiment for cryptocurrency changes through some sort of catalyst like news or regulation of some sort.
Bitcoin is approaching a local resistance. what do we do?
in the chart below you can see how bitcoins price is approaching a near-term resistance from the price range Bitcoin has been trapped within recently?
Bitcoin is approaching a local resistance. what do we do?
remember there are some ETFs which you can trade the swings and Bitcoin without actually buying the cryptocurrencies if they are not available in your region. the first ticker is a leverage ETF for shorting Bitcoin. $ProShares Short Bitcoin ETF (BITI.US)$ $Global X Blockchain & Bitcoin Strategy ETF (BITS.US)$ $Valkyrie Bitcoin and Ether Strategy ETF (BTF.US)$ $Viridi Bitcoin Miners ETF (RIGZ.US)$
so will Bitcoin reject resistance and stay within range? or will we finally get a breakout of this resistance level and have some good green days in Bitcoin for a change?
find more tradable technical levels through the links in my post. here's a link below about AMC
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