If market holds this is a decent counter trade idea and if it is a return to the uptrend it isn't a bad entry. I don't believe BTC is finished correcting but you can see levels on there. I don't expect anymore then that top or the 0.5 level if that. I left my entry on there using and will take profits at each level or reverse the position if I see the market decide to continue it's decline. Might get a pullback to the level I put the entry on this at for anyone to enter. Just use a regular trend entry to it. Only enter at pullback on good volume which is not there right now. There are conflicting indicators as to be expected in this market right now. Each time frame is different. I went with the 15Min cause it had a decent trend and some momentum and I wanted to build a long or be able to use the profits to open a new short. Just make sure it is actually not continuing the downtrend when you do.
Higher TF's don't even notice this yet so it is risky. Use a SL and now more then 3x leverage. This is not my normal trade but I saw it at the right time and it might be too late by the time I submit this.
-Not your financial Advisor and this is just for fun. This is a risky trade because the overall trend is still down on higher TFs. Please use caution and hope it helps someone and isn't too late. It is almost impossible to get these kind of trades out This is a pullback spot happening now. If good volume could enter here.
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