Bitcoin Short Term Trade

in bitcoin •  7 years ago 

The price bounces from the kumo and a support zone formed by 4500.00 and 4400.00 levels. DMI 0.70% confirms trend market conditions and strong downward movement. If the market does not continue falling, we'll see ADX line reversal. After that that we'll be able to open short term trades based on a reversal signal. Pending orders should be placed above the local 1.13% swing high at 4570.00 level. Stop orders must be below 4400.00 support level . Profit target is 4750.00 level. If you don't want to wait for ADX falling, it's possible to place pending orders now. But you should note that this signal will be not so strong. If the market drops below the kumo, buy orders should be deleted.f.PNG

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  7 years ago Reveal Comment

oky thnks

i think he go down agin for two week