"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.
Monike14 AshirDanville
@AshirDanville, is aggressive support the best option?
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
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