BTCUSDT Volume Analysis Prediction 02/05/2018

BTCUSDT Volume Analysis Prediction 02/05/2018

Bitcoin / Dollar BITFINEX:BTCUSD

We have a bearish priority and the last down impulse bar shows it very clearly.
To change the priority to the bull the price needs to breakout this impulse bar.
Until this happens, currently Bitcoin is falling.
If the price breakdown 3690 – with a high probability we will see a huge drop to 3500 and 3000.

Buy: 3905 (after breakout)
Take Profit1: 4135
Take Profit2: 4235

Re-Enter: 3000 (after confirmation)

Sell: 3690 after breakdown (margin account)
Take Profit1: 3505
Take Profit2: 3005

Stop Loss <2%

Visit Trading View