If the overall Bitcoin market is “sideway turning bullish”, XBTUSD should see some support at $6600 level. At around $7000, I think there is an opportunity to grab a rally to around $8200-8500.
However, if the price collapse and $6600 failed to see support, we will see another crash!
Update: This position is closed at Stop Loss. Crash happened.
|Expiry||GMT+8: 15/8/2018 23:59||UTC: 15/8/2018 15:59|
|Stop Loss||6600||Trailing stop to breakeven|
|Take Profit||8140||Risk-reward ratio: 2.85|