Crypto Trader Daily – 5 April 2015

Price Action

Happy Easter for those who celebrate the holiday. Trading was subdued until someone(s) decided to ramp the market attempting to test $260 and 1,600 CNY. The level was not broken, but level might be retested during the early morning China trading session.


Trade Ideas

If $260 is broken, buy into the momentum and ride the wave up to $265-$270. For this short-term trade, use XBU24H.