BitcoinLong
bitcoin ( corrective wave )
Updated
bitcoin down to our buy target 3700$ and there is a possible trade here with another pattern
BUY : 3700$ - 3600$
TARGET 1 : 4100$ -4200$ (13.5% PROFIT )
TARGET 2 : 4700$ - 4800$ (+29% PROFIT )
STOP LOSS : 3500$ (5.7% LOSS)
now you have to manage your capital and calculate your profits and losses before entering this trade
Note
#btc important update first thing we bought bitcoin @ 3710$ and bitcoin reached 4100$ (+10% profit ).
there is a supply zone between 4100$ - 4200$ and it looks strong zone
so our next target at 4800$ may not reached
another bearish wave will active if bitcoin break 3800$ .
my advice is you should close at least 50% of your contract and wait bitcoin next action
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.