JeffCheung

BTC starts its retracement after weeks of rally.

BITFINEX:BTCUSD   Bitcoin
BTCUSD
BTC stated its retracement after weeks of rally.
Since this is an uptrend, finding the best spot to buy on dip is in priority.
Instead of being in the hurry to catch the falling knife, we may observe when and at which level the price can be held, and wait for the reversal confirmation signal for a proper buy setup with lesser stop loss.
The next best strong structure key level is 1356-1372 which is also the fib0.382.
Let's see how it goes:)
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