Best Level to Long BTCUSD @58K
Updated
BTC has been in a strong uptrend recently and already broke ATH and is in a short term pullback to retest previously broken resistance to shoot up higher again
58K may possibly be the best level for a long-entry because;
--> It lines up with 0.618 fib level
--> Previous broken major resistance
--> Previous all-time high
--> Stochastic shall reach OS level
Take long entry once price signals bullish reversal around 58K price level
58K may possibly be the best level for a long-entry because;
--> It lines up with 0.618 fib level
--> Previous broken major resistance
--> Previous all-time high
--> Stochastic shall reach OS level
Take long entry once price signals bullish reversal around 58K price level
Note
--> 100 EMA lines up around @58K
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