Bitcoin price fell from 11,217 to 9,616 However, price bounced strongly from days low to 10,281
The support line that broke at 10,000 is once again building up allowing opening long trades.
This, however may not be the end of correction, so use tight stop loss and watch price action carefully.
The support line that broke at 10,000 is once again building up allowing opening long trades.
This, however may not be the end of correction, so use tight stop loss and watch price action carefully.
Trade attivo:
10,049
Trade chiuso: stop raggiunto
Commento:
Even though this trade is closed due to tight stop loss trigger, we can see that the price is clearly moving the upward direction.
Just a word of caution, it's not a good time to go short :)
Just a word of caution, it's not a good time to go short :)
Stop loss active at 9,949