BMoom

BTC bounce around here or sub $8k likely.

Long
BMoom Updated   
BITSTAMP:BTCUSD   Bitcoin
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.
Comment:
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
Comment:
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.
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.
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