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Nirland
Jul 31, 2018 3:00 PM

BTC big move coming depending on MAIN SUPPORT 7.5k 

Bitcoin / DollarBitfinex

Description

Btc is currently testing a very important support level around 7.5k is really important to hold for bulls or it's looking like another wave down to around 4.8k. Watch what btc does the next few days and enter a longer term trade.
This support is from all way back in jan 2018 so it's very important. If we break bellow it tells us that a high chance the breakout was not "the real run". If this happens you might have a GOLDEN chance to buy btc at bellow 5k. If support holds and btc goes above 9k it turns very bullish...waiting to see what happens.

Watch out for fake outs always put SL in profit!
Happy trading :)




Comment

Waiting for SHORT confirmation! Don't miss this trade :)
*7450*

Trade active

Comment

Already huge profit! Looking very good so far...will continue to update if anything happens...as I said before 4.8k is our first profit target.

Comment

REMINDER: HOPE YOU ALL GOT YOUR STOP LOSSES IN PROFIT. SL 7.2K.
IF SL DOES NOT HIT: TARGET: 3.5k-4.8k
IF SL DOES HIT: Potential long entry depending on situation.
Happy trading :)

Trade closed: stop reached

Comments
luksob
why this level of 7.5k is important, can you pls elaborate on that?
Nirland
@luksob, There is not any perfect level for break down because of fakeouts so i put it down a bit under just to be more sure what will happen :)
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