BTCUSDT
It's still going down. Once it hits the support zone around 9935 and 10127, it will probably go down to 9300 based on:
1) trend line (& channel)
2) Fibonacci Retracement line 0.236 & 0.382
However, both MACD and MA(5,10 up-crossing) are still showing bullish signals. In that case I would only enter when it cross over the upper trend line.
Trade closed manually:
The short trade started when it hit the 0.236 retracement level.
However, it rebounced at 9528 without hitting 9418 support level.
Considering it's breaking 9815 trend line, it might continue to go up, manually closed this one.
However, it rebounced at 9528 without hitting 9418 support level.
Considering it's breaking 9815 trend line, it might continue to go up, manually closed this one.
Comment:
ended up 1.2% profit.