BTC INVESTMENT IDEA LONG TERM
Updated
ABCD PATTERN SPOTTED ON WEEKLY TIME FRAME
Pattern points :
BC correction ratio 0.382 from AB
CD correction ratio 1.618 from BC
_______
*Entries
_______
first entry : 4650$ 20% from capital
second entry : 4470 20% from capital
third entry : 4210 20% from capital
_______
*Note:
_______
can it go lower .. ?? i think no .. but in case we have a strong base and i don't think we will break it down at 3800ish areas .. just in case .. but i dont expect it even to breakdown the first entry then i will find you a point to add more contracts to your invest
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Targets :
*T1 : 7800
*T2 : 8360
*T3 : 8950
*T4 : 9861
*T5 : 11690
if you are using leverage its better to use 2x to 3x leverage maximum on this trade
and if you are not using leverage like in binance exchange you can enter this trade in parts and accumulate bitcoin in parts
NOTE : this idea for long term invest and can be from 6 to 8 months
for scalping ideas and mid term signals please follow my telegram and twitter .. posted below in links
Pattern points :
BC correction ratio 0.382 from AB
CD correction ratio 1.618 from BC
_______
*Entries
_______
first entry : 4650$ 20% from capital
second entry : 4470 20% from capital
third entry : 4210 20% from capital
_______
*Note:
_______
can it go lower .. ?? i think no .. but in case we have a strong base and i don't think we will break it down at 3800ish areas .. just in case .. but i dont expect it even to breakdown the first entry then i will find you a point to add more contracts to your invest
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
Targets :
*T1 : 7800
*T2 : 8360
*T3 : 8950
*T4 : 9861
*T5 : 11690
if you are using leverage its better to use 2x to 3x leverage maximum on this trade
and if you are not using leverage like in binance exchange you can enter this trade in parts and accumulate bitcoin in parts
NOTE : this idea for long term invest and can be from 6 to 8 months
for scalping ideas and mid term signals please follow my telegram and twitter .. posted below in links
Note
idea still active check new update
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