TheOzarkTrader

BTCUSD Breakout Trade Idea

Short
BITFINEX:BTCUSD   Bitcoin
Broke 8800 Major Level, to SUPPORT - (7550) Quarter Level. (7550) Is the nearest Major Support zone.
Awaiting a dead cat bounce from (9145) - Entry Level - Broke Ascending trendline> the Idea is that,
Once it bounces from Entry that it descends to levels of interest
>8325
>7550
Another Confirmation is the GDAX order book shows many orders at the (8900) level which is a Major Whole Level. From there I expect a Dead Cat bounce to the (9145) Level.

* I am not a Financial Advisor nor paid to publish these ideas. Trading is risky and Investing can result in total loss of Funds. Please Trade at your own risk and be careful. Again this is just an Idea to share for Educational Purposes*

- TheOzarkTrader
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