BTCUSD- Moving down hill

Bitcoin / Dollar BITFINEX:BTCUSD

jimmycdn

Hello Traders,
There is support on 39500 level. If current candle will be close above or bellow this level, we will have movements of the price. But likely price will continue to drop. For more precise entry change TF to lose one. Upper side is “protected” with trend line – breaking trough the TL will be the signal to open long position. Vertical line indicates change direction of the momentum.
Cheers,
Jim

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