Forexblade

Bitcoin update on 4hr 5min get ready to buy

Long
BITSTAMP:BTCUSD   Bitcoin
Bitcoin starts moving towards green support band on 4hr.it is profit taking zone for short positions and It will be first decline after strong run up.
And first decline is always buyable opportunity.
I will look on smaller time frame for buyable events, such as gapping up, engulfing, hammers.
And open positions small first a d then keep opening bigger if price continue to decline, on every buyable event I will build bigger position.
Positions will look like pyramid with bigger buys on the bottom.
Let’s see

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