I do not think Bitcoin has bottomed but current prices say up so I shall trade in the up direction. There are a lot of resistances from 8500 to 9000 so prices may slow down there. This correction seems to be ending soon.
Price 7980
SL 7700
Target 8500-9000
Price 7980
SL 7700
Target 8500-9000
Commento:
Reverse and short if 7980 is touched, SL 8300
Commento:
Short initiated, possibly to 7500.
SL 8300
Short initiated, possibly to 7500.
SL 8300
Commento:
Move SL to 8200
If this turns up we would go higher, down is more likely for now.
Move SL to 8200
If this turns up we would go higher, down is more likely for now.
Commento:
A very uneventful day for bitcoin, this can break both ways now. The longer this go sideways, the more possible is the upmove.
A very uneventful day for bitcoin, this can break both ways now. The longer this go sideways, the more possible is the upmove.
Commento:
We are turning up towards 9000, correction is complete. Will not be able to update for today.
Move SL to breakeven in case this one starts to turn down.