ARESABI

[BITCOIN] Short-Term Downtrend To Primary Trend

BITSTAMP:BTCUSD   비트코인
In this idea we're looking at the Bitcoin price ( BTCUSD ) in the 1H chart. The change of structure is very easy to spot here.
As long as we're moving in a short-term downtrend, we're looking for chances to increase our long position or re-enter the market
as soon as we see another short-term trendchange.
This one is likely to happen at the primary trend, slightly above the $50.000 level (i expect some psycologial support here as well).
I have my orders set - everything else is explained on the chart.

ARESABI

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