BITCOIN buy trade

By velmunis
Updated
BITCOIN
After the massive sell off the bitcoin finds some support near 3900.00. From this support level it almost went up towards 6900.00

*At this level double top is forming so its retraced towards 6000.00 which is nearby 50% Fibonacci level. And went up to 66400.00 which is 61.8% Fibonacci area

*We can expect short term fall back towards 6100.00, From this level we can open long positions

*Potential take profit will be 7600.00

*Stop lose may placed below the 5800.00

*Leave your comments below
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Bitcoin (Cryptocurrency)bitcoinforecastbitcoinlongbitcoinpricebitcointradingChart PatternsTrend Analysis
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