BTC short term trade idea for 10-20% gain

Jan 22, 2018

In a downward channel on the daily and 4 hour. Looking at 10k big round number and 9500 and 9000 demand and previous low levels. Lots of good bounce areas under this area too that could catch the "falling knife". A heavy volume spike coming into the entry area would help in getting momentum to bounce.

Look at 3 entries: 10k, 9500, 9000 and target 11k, 11500 and 12k.

Jan 22, 2018

Note

10k round number nice entry for a healthy bounce. I don't know if it will hit 11k right away, but on the hourly, we had divergence, volume spike at the 10k level and a close of a pinbar. That's what I like to see!