BTCUSD DOWNTREND OVER? LONG CONSIDERATIONS AND FIB TARGETS

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➞ Quick Chart Summary Breakdown
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📊 The Trade Setup
➞ Just a quick look at the chart and recent activity.
➞ Above 60k and retest of the immediate downtrend line would be an immense sign of strength
➞ Big breakout potential
➞ If you bought the recent dip, as a trader, would consider clipping the .618 initially.


RISK DISCLAIMER:
Trading Crypto, Futures , CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Not financial advise. Trade at your own discretion.
Note
Also consider my previous idea to see how the two parallel channels interconnect and where we are from the big picture perspective
BTCUSD - Unbiased Assessment
Trend Analysis

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