#BITCOIN starts correction or a bear trap?
Updated
BTC just broke down the horizontal Value area mentioned in the chart. However, volume is not that much during the breakdown which makes us suspect about the current price action.
What do we do in this situation?
Plan (A)
If Bitcoin falls below 9550 short it
Nearly target 9350/9250
Plan (B)
If Bitcoin move back into the range long with stop loss at below nearby low
Nearby Target 10050/100080
Short term Target around 10500
I will keep you updated about it.
Plz give like & comment your opinion.
What do we do in this situation?
Plan (A)
If Bitcoin falls below 9550 short it
Nearly target 9350/9250
Plan (B)
If Bitcoin move back into the range long with stop loss at below nearby low
Nearby Target 10050/100080
Short term Target around 10500
I will keep you updated about it.
Plz give like & comment your opinion.
Trade closed: target reached
Our nearby targets done. Plz follow me to get more such analysis & signals.
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