Green vs Red Lambo (Green wins??)

18 jul 2018

Stochastic RSI (4 hours) overbought. I expect to see BTC correcting to 7200 for the next 3 or 4 days before making the next move upwards. Shorting in an obvious bull market is never worth the return though. You want to avoid unpleasant surprises and that is exactly what you get if you go short in a bull market. If you have a long position (with low leverage), hold. If you haven't taken any position yet, place orders at a 3% - 5% discount from current prices and wait for a few days to be filled.
NB: This isn't investment advice, just my general thoughts.