Trading plan: BTCUSD (Bitcoin)
Finally Bitcoin's rate came out of a narrow flat.
Priority of the day: sell BTCUSD with the target of $ 7065.
The drop in Bitcoin's rate can be restrained by buyers near support levels: $ 7200, $ 7065.
Projected scenarios:
1. The rate of BTCUSD will drop from $ 7300 to $ 7065.
2. Bitcoin rate may be in lateral movement until the end of the day.
Alternative scenario:
After such a drop in the price of Bitcoin, large buyers may appear at any of the support levels. Therefore, a spare plan: growth of Bitcoin rate from $ 7200 to $ 7400.
We still hold a short position on Bitcoin, so we do not consider its purchases today.
Priority of the day: sell BTCUSD with the target of $ 7065.
The drop in Bitcoin's rate can be restrained by buyers near support levels: $ 7200, $ 7065.
Projected scenarios:
1. The rate of BTCUSD will drop from $ 7300 to $ 7065.
2. Bitcoin rate may be in lateral movement until the end of the day.
Alternative scenario:
After such a drop in the price of Bitcoin, large buyers may appear at any of the support levels. Therefore, a spare plan: growth of Bitcoin rate from $ 7200 to $ 7400.
We still hold a short position on Bitcoin, so we do not consider its purchases today.
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