The best bitcoin trading plan is to be always a head of each scenario and plan accordingly for best reward to risk ratio trade entry .
we are looking forward for the daily candle to close , if it shape doji or shooting star most properly we will follow my last post and its related out comes if not then we need to consider any of these possible scenario and prepare accordingly . how ever deep inside i feel short term bearish but something keeps telling me be prepare for unexpected bullish scenario which may many going to be left behind !! Thats why i divided my entry plan base on 30 % bullish and 70 % bearish .
This is not financial advise please do your own research
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Note
so far the price playing according to the chart
Trade active
going to ward support point of 1090-1070
Note
as we have mentioned at 4th aug , successful resistance are hit 11706 usd then 880 as support and resistance played its role so the the next major support level that we need to look for is between 6000 to 5700. good luck trading
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