If BTC breaks support @ 7500...

2018年2月5日

1. Upper resistance @ 10000
2. Current support @ 7500 (currently testing)
3. Next level of support @ 5500-6000
4. 8-day EMA has been dynamic resistance level the entirety of 2018 (with the exception of a few false breaks)
5. Bullish Pin bar but...
-poor risk reward ratio
-countertrend
6. EFI is negative
7. A counter trend trade RIGHT NOW with a tight stop would have a great risk/reward ratio but also has a high chance of failure

2018年2月5日

ノート

7 (updated)...please don't entertain this countertrend trade idea too seriously. I probably won't take it myself and will probably regret it if I do.

2018年2月5日

ノート

Also 6. is mislabeled as 5. on the chart

2018年2月5日

ノート

Could potentially still be a false break of support but I wouldn't bet on it.

2018年2月6日

ノート

Dropping fast

2018年2月6日

ノート

Bounced off of support. Watching to see how strong bounce is.

2018年2月6日

ノート

Good bounce that is already testing resistance again. Volume has also really shot up.

2018年2月6日

ノート

1 HR chart--still could be a false break of resistance