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Delta_Traders
Aug 12, 2019 11:27 AM

Bitcoin / USD | Short Before Breakout. 

Bitcoin / United States DollarCoinbase

Description

Expect bitcoin to come back to trend line before continuing it's rise up.
Longer stop loss is required while bitcoin is in volatile mode this will ensure your stops are not hit before the re-swing.

Expected down target ( 10k - $10300 Range) If holding here good chance it will rise again.
Lower Estimate ( $9500 - $9800 Range)

Expected Bounce Zone $10377

Trade active

Zone reached

Comment

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Comments
meszaros
Yes I see. Great analysis. Then we are thinking in one direction :)
Delta_Traders
@meszaros, This is true I feel we would already be there is not for margin and futures holding it back but swings are fun too. for a time.
I was thinking that we may see ATH or very close still have hope!
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