UnknownUnicorn6061584

BTC|USD - Dead Cat Bounce

Long
UnknownUnicorn6061584 Aktualisiert   
BITSTAMP:BTCUSD   Bitcoin
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We got a dead cat bounce phenomenon. After price dropped and tested the horizontal support zone we got an upward jum but were not able to print higher high. And now we have a horizontal support is broken.

So we should expect 5640$ and 5406$ level to be tested. In order to avoid risk better wait for the Traditional market opens.

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Peace Out!

Not a Financial Advice
Kommentar:
There is a mistake. In an idea it should have been "Short" setup
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