djobs

Could $BTC bounce from here?

Long
djobs Updated   
BITSTAMP:BTCUSD   Bitcoin
Could $BTC bounce from here?

I'm not sure, but if we do, 32% is on the table risk to rewards looks good, trading is not about certainty, its about running calculated risks knowing the odds, praying for the best.

Now I'm waiting for a chart pattern to be constructed, and might enter with the breakout.


PS: This is not a financial advice, right now this is not even about the money its about education in TA and deciding weather it is worth your life saving or not
Comment:
Forgot to mention the divergence on the RSI, it’s a strong one
Comment:
It made a fake bounce and your stop suppose to be below the trend line here, to cut your losses early
Trade closed: stop reached:
stopped at 21157

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