Previous Analysis: Bitcoin has found an area of price SUPPORT. Very BULLISH on Bitcoin until it demonstrates a break in price structure or violating/hitting my SL Stop Loss
Current Analysis: I anticipate BITCOIN dropping even greater in price value. As low as $57,500. Currently, I'm in BITCOIN for 1% Profit. However, I anticipate BITCOIN decreasing even greater in price valuation and accumulating "LONG" trade orders or "SUPPORT" at or around $57,500 price level. It's at this price valuation I anticipate getting in another "LONG" position on BITCOIN.
Enter accordingly: Entry: When the price returns to $57,500. SL Stop Loss: 1% TP Take Profit: 3%
"Please be advised by no means is this financial advice! Trade responsibly and always limit your loss."