This idea will show the next long term entry point that will let us keep tight stop losses.
I does not seem like the downtrend is finished, BTC is not showing enough strength on the up. It's making a corrective structure for another wave down.
I'm looking for an entry on the low 7000s (watch idea closely for when to enter and set stops).
Please keep in mind you need to follow this idea closely and the updates. New information comes by the minute and price structures reveal themselves.
I employ strong money management, you have to lock in your profits and cut your losses.
Possible downward channel forming.
you can enter this with a stop at 9030
Original plan is valid.
We are currently going down a steep channel.
A possible descending wedge has formed.
We are getting close to an entry point.
Continuation of this idea is here