orminlange

Three potential targets for this downmove.

orminlange Updated   
BITSTAMP:BTCUSD   Bitcoin
This is not a trading advice! Watch @levels 7400, 6600 and 4000 or around this levels (especially 4000-4500 area).

That's only potential move. Market always can do other moves. However in case of 4000 it is level worth to accumulate for some bounce (50-100% up from this level).

How to accumulate and get free coins after bounce with retake of whole capital invested. I had described that here (XEMUSD as example of this method):

Comment:
Comment:
7400 bounce was insignificant. 6600 looks good but market can of course do after that bounce another one selloff wave to 5500-5000-4500 that depends on strength of panic after 6600 and 5900-5000 break.
Comment:
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.