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WhaleWatchersTrading
Jan 22, 2018 12:16 AM

Bitcoin Hourly Trade Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin has pulled back deeply. From the bottom of the support channel price rebounded with seemingly good momentum. This suggests price will continue upwards. More recently, we've pulled back to a strong structure support. Targets are to main resistance levels. I'm not ready to call bottom just yet but I am ready to make some trades!
Good Luck,
Alex
Comments
kitkat16
Thanks for the idea.
So red is buy area, green rectangles are sells?
Thankyou
WhaleWatchersTrading
@kitkat16, Sorry, entry is at market. The bottom of the red zone is stop loss and the tops of the green rectangles are sells.
kitkat16
@WhaleWatchersTrading, thanks for clarifying, much appreciated. Following :)
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