Hello traders,
Bitcoin is moving inside the 60k- 74k range making a complex ABC correction. We are currently in wave B and expecting it to finish above the recent all-time highs and at the -1 Fibonacci level.
Short Entry:
- Watch the rejection at -1 fib level
- Entry at breakout of ascending trendline
- Stoploss: Above the highs after entry
- Target: Previous lows ( 61k )
Goodluck and trade safe!
Bitcoin is moving inside the 60k- 74k range making a complex ABC correction. We are currently in wave B and expecting it to finish above the recent all-time highs and at the -1 Fibonacci level.
Short Entry:
- Watch the rejection at -1 fib level
- Entry at breakout of ascending trendline
- Stoploss: Above the highs after entry
- Target: Previous lows ( 61k )
Goodluck and trade safe!
Comment:
BTCUSD Update