Peni2Dollarz

BITCOIN Still Strong at Key Area of Support

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COINBASE:BTCUSD   ビットコイン/米ドル
Previous Analysis:
Bitcoin has found an area of price SUPPORT. Very BULLISH on Bitcoin until it demonstrates a break in price structure or violating/hitting my SL Stop Loss

Current Analysis:
I anticipate BITCOIN dropping even greater in price value. As low as $57,500. Currently, I'm in BITCOIN for 1% Profit. However, I anticipate BITCOIN decreasing even greater in price valuation and accumulating "LONG" trade orders or "SUPPORT" at or around $57,500 price level. It's at this price valuation I anticipate getting in another "LONG" position on BITCOIN.

Enter accordingly:
Entry: When the price returns to $57,500.
SL Stop Loss: 1%
TP Take Profit: 3%

"Please be advised by no means is this financial advice! Trade responsibly and always limit your loss."

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