BTCUSD: 2.5k, a terrible and painful fate for btc
Traders,
For anyone who took profit above 12k and did not enter to buy btc again, they are the lucky fellows.
Becoz, technically, on daily chart, BTC is facing a deeper drop on its wave three.
A retest of 6k is quite accepted and some technically analysis now turning their targets down to 2,5k, almost same position where BTC start to rise.
OMG , less is more!
For anyone who took profit above 12k and did not enter to buy btc again, they are the lucky fellows.
Becoz, technically, on daily chart, BTC is facing a deeper drop on its wave three.
A retest of 6k is quite accepted and some technically analysis now turning their targets down to 2,5k, almost same position where BTC start to rise.
OMG , less is more!
Note
Note
Note
Many traders question me about where is 2,5 k now?Check the chart above, that btc found its support at the bottom of the first blue arrow.
And broke the channel.
Thats why we are not saying 2,5k now but a correction back to neck position.
Trade closed: target reached
You could consider this trade hit target 1 but not hitting target 2 yet.
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Copy trading service：social.xm.com/s/kRqA3rRj ABC Swing trading strategy Course Consul wechat: ziyuvera
signalsofswingtrading.com
Tele: t.me/+Q5K2Z5r3BhCe1c1l
signalsofswingtrading.com
Tele: t.me/+Q5K2Z5r3BhCe1c1l
Related publications
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.