Trading plan: BTCUSD (Bitcoin)
Bitcoin's bearish trend is in full swing.
Priority of the day: neutral position on BTCUSD.
Our targets have been achieved. The profit is fixed. Now it remains to wait for a better point for the next entrance. Now is not a very good time for Bitcoin sales, as a strong bounce of its rate is possible, presumably to $ 7100.
Projected scenarios:
1. The rate of BTCUSD will drop from $ 6900 to $ 6500.
2. The rate of BTCUSD will rise from $ 6700 to $ 7100.
Alternative scenario:
A long flat follows such a strong impulse down Bitcoin rate. In that case, we'll just wait.
Priority of the day: neutral position on BTCUSD.
Our targets have been achieved. The profit is fixed. Now it remains to wait for a better point for the next entrance. Now is not a very good time for Bitcoin sales, as a strong bounce of its rate is possible, presumably to $ 7100.
Projected scenarios:
1. The rate of BTCUSD will drop from $ 6900 to $ 6500.
2. The rate of BTCUSD will rise from $ 6700 to $ 7100.
Alternative scenario:
A long flat follows such a strong impulse down Bitcoin rate. In that case, we'll just wait.
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