cherif100

the last dump !

Short
cherif100 Updated   
BITFINEX:BTCUSD   Bitcoin
this is the last dump and the last bearish wave in my opinion

this trade is simple .. btc broke a major trend and not retest it again

i expect btc will stay in this area 7400 - 7200 for few days then this wave will start to the last target 3500 $

Comment:
this was the previous idea shared

Comment:
ZOOM IN

Comment:
btc hit our stop loss 9% and break the two trends with a big candle

we made 30% profit in last trade :) so do not be upset
btc dominace 47% now

next few days will be very important to know if this break fake or not

as we are now at 61% fibonacci

Comment:
this is the most important area to decide which way btc will move

from 7800 to 7500 if this area broken btc will continue bleeding

Comment:
btc stability above 7800$ give a chance for another wave to 8500$ to 9000$
and this will be perfect for all usdt market
u can trade with stop loss under 7800$

Comment:
this trade still active !!! and maybe more dump will happen more than 3500$ target

do not trade against the trend !

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