BitcoinLong
$BTCUSD Fantastic trading opportunities. Technically BULLISH
OMG what a lovely 24 hours of trading, as predicted we had a perfect break from the ADCDE correction on extreme volume, resulting in +13% move. Currently the price has stalled and the .236 FIB is acting as strong support.
The crypto community is extremely bullish at the moment, with $10000 targets on grapevine, if you are long it would be prudent to set stop losses at the $8200-$8300 which coincides with support and the .618 fib area, this really is a vital level to hold so as to ensure continuation in a bullish fashion. This is maybe not a area to adding to longs, but possibly if the lower support is testes and holds.
Happy and safe trading.
The crypto community is extremely bullish at the moment, with $10000 targets on grapevine, if you are long it would be prudent to set stop losses at the $8200-$8300 which coincides with support and the .618 fib area, this really is a vital level to hold so as to ensure continuation in a bullish fashion. This is maybe not a area to adding to longs, but possibly if the lower support is testes and holds.
Happy and safe trading.
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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.