Trader_Landry

Bitcoin LONG opportunity?

Long
Trader_Landry Updated   
KUCOIN:BTCUSDT   Bitcoin / Tether
Bitcoin has retraced quite a bit from its last all time high which lets us with the following question: Is it time to buy ? Currently, we are testing very important FIB levels which could serve as a buy entries, as long as we stay above 51k ( last higher low) and we managed to rebound on one of the FIB levels, the trend should resume to around 74K.
Comment:
Setup respected
Comment:
higher low created successfully
Comment:
Approaching target

Related Ideas

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.