My plan for these next days in the BTC / USD pair will be as follows: with the formation of a small hammer,
After that fall of almost $ 600, I see a small recovery, in which we can make a profit
about $ 450 approximately, it's not much but it's better than nothing, my idea is with the formation of the hammer, which
I would confirm an uptrend, I would buy BTC between 6,180 to 6,200 $, for an exit at 6,650 $, placing the
Stop Loss at $ 5,900, I honestly do not see that bitcoin reaches below $ 5,800, in recent months it has
I was able to keep above $ 5,800 (it has a great resistance there). Bitcoin lately repeats patterns, like
way we should be alert to any news that may cause an effect on it, either positive or negative.
Some data of the Graphic:
Time: 4 hours
Par: BTC / USD Coinbase
Date: 11/10/2018
Technical analysis
* It's not investment advice, it's just an idea. regards.*