reppac

entry point approaching

reppac Updated   
BITFINEX:BTCUSD   Bitcoin
Fast approaching a fair amount of support with potential zone for entry, taking profit around 11k.

Stop loss below the 200MA around 9850.

Long term, I still think the resistance is too strong for the bulls and a long term bouncy ride down is in the offing, but I am open to offers.

Caveat: I am not a professional trader or adviser. Do your own research before making any trade. Never trade more than you can afford to loose.
Trade closed: target reached:

lets see how well this bounces back up...
Trade active:
Hmmm. Bouncing perfectly off the trend line. Touch wood.
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