Long

Bitcoin: Post Correction Buying Opportunities and Support Points

Updated

BTC is in a descending wedge, will likely bounce of previous supports that were important on the way up in the rally. Each bounce presents a trade opportunity. Chart is self explanatory.

See my related ideas below. Thank you.

Trade closed: target reached

Bought in around 870 and then it tanked to 815, I didn't use a stoploss. Things were looking dire but I set an overnight sell order for 875, and as you can see, it got filled. Very little profit but no loss!

UNOwen

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