MarsNodens

BTC in critical position

MarsNodens Updated   
BITSTAMP:BTCUSD   Bitcoin
BTC just had doji followed by TD9 on hourly chart. Doji indicates reversal and TD9 is statistically followed by 1-4 candles of upside. After 3 more candles reevaluate.

I am waiting to see indicators that I highlighted in the chart to show me next trade.

Happy trading, scalping and catching falling knifes :)
Trade active:
If this candle closes below 9750 it is time to short/sell BTC.

It will mean that support line is broken.

Next support cluster is at 9000-8650. If we close below it we can expect another significant drop.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.