TRADEALERT#6: My Strategy on the Bounce

tradealert (60)in #trading • 7 years ago

Here's how I am going to trade the bounce on BTC after the last dump.

So today I bought the dip on spot as BTC bounced off prior support (green line), I am looking at selling my BTC when price will reach that zone at the intersection of the bearish channel line and the 0.5 fib level (so around $2500).
With the fork approaching on August 1rst, wouldn't be surprised if this bear channel continues.

Please share your strategies and comment.