tradingstar2018

Expecting a dead cat bounce with in 30Mins

Long
tradingstar2018 Updated   
BITFINEX:BTCUSD   Bitcoin
Bitcoin after a free fall now expecting a dead cat bounce around 6600-6700 Stops below 6400 based on 4hr time frame bitcoin reached to 180th 4hr bar which acts as a support for at least 2000 points retrace or 32 hours more ,
this strategy works, if you can see my early post how to calculate 4hr 30 bars cycle from highs and lows.The overall trend is going to be down .so be cautious and trade with strict stoploss and get out of the trade if you are on buy side with profits.
Comment:
It was delayed bounce back but eventually it happened after couple of bars ...
Comment:
Did you Guys see !!!!huh ....reached 2000 points ...and still rallying ...
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