Stargazer_fx

BITCOIN is below strong Support,wait for a Pullback to SELL!...

Short
BITSTAMP:BTCUSD   Bitcoin
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BITCOIN Update..
The price is below strong support/resistance level,If price stays below the level price may continue to move down towards next support level at 1.27000 level,wait for the price to reach the zone and if price gives any bearish signal,look for Sell opportunity

For Entry:
Wait for the formation of Bearish Candlestick Pattern to close on 4hr timeframe for confirmation to SELL..
Trade it with proper Sl..
Take entry only after price gives bearish signals..

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*The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.

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