BTC/USD drop to $5.8k then $27 000 MOON
Updated
BTC isn't done, I see 2 possibilities here based off of levels it either rebound off the $6500 level and switch momentum to the MOON or it breaks past that level and gets top the $5800 area and then bounce off that level and beginning MOON'ing.
Re-entry target:
Target 1: $6500 area
Target 2: $5800 area
If you enter at Target 1 and the price breaks past $7300 then consider adding the rest of your money as it means it just broke the downtrend and should be starting its ascension to ATH.
Note if you want to get in this market and aren't too worried about the short term and are afraid you might miss the bottom of this downtrend then the $7300 is a good area for you to enter. BUT be sure that you can handle the possibilities of the next couples of days hurting your portfolio USD value by quite a bit. If you think you can handle it then buy at $7300 and within a couple of weeks you should be in good profit.
Follow me on telegram if you want to be updated on this trade. We will trade the SHIT OUT off this reversal pattern and when BTC begins to rise we will switch to Altcoin and ride these suckers to greatness.
Let me know what you guys think in the comment!
Re-entry target:
Target 1: $6500 area
Target 2: $5800 area
If you enter at Target 1 and the price breaks past $7300 then consider adding the rest of your money as it means it just broke the downtrend and should be starting its ascension to ATH.
Note if you want to get in this market and aren't too worried about the short term and are afraid you might miss the bottom of this downtrend then the $7300 is a good area for you to enter. BUT be sure that you can handle the possibilities of the next couples of days hurting your portfolio USD value by quite a bit. If you think you can handle it then buy at $7300 and within a couple of weeks you should be in good profit.
Follow me on telegram if you want to be updated on this trade. We will trade the SHIT OUT off this reversal pattern and when BTC begins to rise we will switch to Altcoin and ride these suckers to greatness.
Let me know what you guys think in the comment!
Trade active
Both target reached. Selling target $8900. Which will gets us a 36% increase from Entry 1 and 52% from Target 2.Trade active
Sell target changed to 8100 area. Then we wait to see what the market does and we adjust. Cheers!Note
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