SRVgroup

BTCUSDT Waves. Under the microscope. (28.11.2017)

Long
BITFINEX:BTCUSD   Bitcoin

Probably, wave 4 (black) has not yet ended and bitcoin descends lower.
Everything will be decided in the next few hours.
Strategy:
1) "Purchase # 1" - the price should touch / pierce the 9750 without leaving the boundaries of the specified model (black). After the formed model, you can make a purchase if the price returns to the price level of 9606 with Stop Loss 9450.
2) "purchase number 2" - if the conditions of the scenario "purchase number 1" are not fulfilled, the levels for buy limit 9149, 8950. Stop Loss 8800.
3) sale (short) - sale from the current with Stop Loss 9750 (for marginal operations and risky guys).
Update idea
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.