BTCUSD - Waiting for a Better Price to Join the Downtrend
Bitcoin is going down as expected.
For those who missed the short trade, there is an opportunity to enter again on a correction in area $7300.
I expect the price to bounce on the support at $6850, hit the area around $7300 and proceed with the downtrend towards $5500.
For those who missed the short trade, there is an opportunity to enter again on a correction in area $7300.
I expect the price to bounce on the support at $6850, hit the area around $7300 and proceed with the downtrend towards $5500.
Trade closed: target reached:
Very well down, the price really had a correction before resuming the downtrend with a breakout of the $6850 level.
The price already touched $6000, so we can be satisfied and wait for the next down-movement.
The price already touched $6000, so we can be satisfied and wait for the next down-movement.
Find out more at www.itstradingtime.com/