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SmartCryptoAssociation
Feb 24, 2020 8:58 PM

BTCUSD - Support finally broke. 

Bitcoin / U.S. dollarBitstamp

Description

The support at $9700 ranges ended up breaking down more.
The support looked like it would hold after the previous candle close, because the range was tested many times, and we got wicks down that was immediately bought up.
In hindsight, one should wait for confirmation and not get too greedy to catch the bottom.

Waiting for the daily close for better confirmation of the trend.
Cheers and happy trading :)
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