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BTC bounce around here or sub $8k likely.
Bitcoin
Long
BTC bounce around here or sub $8k likely.
By BMoom
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Updated
Feb 27, 2020
6
Feb 26, 2020
We will need to see a bounce around here. If 200 D MA and trend line break. I'll be watching for the next trend lines around 8k.
Feb 26, 2020
Note
200MA broke. The trendline is holding perfectly for now.
Orderbook data not looking strongest at the moment but keeping an eye on it. Orderbook can change quickly.
TD9 buy on the 4hr will be coming up.
Watching for the order book to fill and TD9 for a buying opportunity
Feb 26, 2020
Note
On 4hr TD9 buy. Back over 200MA, which is now acting as support.
The order book is looking stronger.
Looking good to trade a bounce.
Feb 27, 2020
Trade closed: stop reached
Sorry I couldn't update earlier. Not the kind of bounce I am looking for. I will look for a better reentry.
BTC
BTCUSD
Trend Analysis
BMoom
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