we are going to analysis two possibility , bearish and bullish scenario
which we are going to talk about the bearish scenario in this post and next post for bullish scenario.
we have two possible movement with in this bearish scenario.
1- retracing from the current area of 10200 - 9900 toward 7700-7300
2- going upward to 11200 area and then retrace back towards...
The best bitcoin trading plan is to be always a head of each scenario and plan accordingly for best reward to risk ratio trade entry .
we are looking forward for the daily candle to close , if it shape doji or shooting star most properly we will follow my last post and its related out comes
if not then we need to consider any of these possible scenario and...
We have scalping opportunity when it hit our entry point with low stop loss , up on hitting the first profit target cash out 1/3 of your trade value and increase your stop loss and up on the second profit target cash out your 2/3 of your trading value .
Best of Luck