killa007

Long btc

Long
killa007 Updated   
BITFINEX:BTCUSD   Bitcoin
This could be decent entry for btc.

Stop loss 8290
Target 1 8800-900
Target 2 9800

In came of break small triangle upwards we should go top of second one at around 10k.
Trade active:
Inb case we break down entry should be at around 7700-800$.
Trade active:
Also 1 more possible scenario I see is this falling wedge


Which would give buy in price at 8150
Comment:

Wedge is holding so far, you can add long on every touch of support, but have tight stop loses.
Trade active:
RIP, i guess we wait on 7600 for entry
Comment:
Short around +8k was good. I readjusted a bit wedge.

7550 target to buy.
Comment:

Looking how this hourly will play, shorting or longing on breakout.
Comment:

Possible bottom for now?
Order cancelled

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.