AshirDanville
Short

"trade what you see not what you think"

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Validated confluences
1. Trendline broken
2.Support broken resistance validated
3.Strong drop from 2750.17
4.Counter trend Trading
5.Profit margin 1:4

previous trade was too low in the curve, profit margin has increased.
@Domonike72, means price action is strong enough to take out support so we could see more down movement to the 2300s where there is more aggressive support. I have stated in previous publications that there could be a trend continuation near the 2250s, thank you for critiquing my analysis hope to see you on the next analysis.
Reply
Monike14 AshirDanville
@AshirDanville, is aggressive support the best option?
Reply
If price takes out support 2500 then look for price action to move down to the 2300s
+1 Reply
Domonike72 AshirDanville
@AshirDanville, what would that mean
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out