There is a potential golden opportunity for a very good LONG position in BTC.
Price is in a dense area for completing corrective waves after a sharp ascent.
the ascending moves are more powerful than descending moves which means bulls are more strong than bears.
9000-9500 area is a support zone.
Wait for btc to break resistance line and exit this dense zone. you can buy here for first step. 11000 is key level for entering to long position. when price breaks this line, its definitive trigger for entering in long position with more of your capital.
Targets: first target at short term is 15500 and you must note to resistance zone in last high at 13500.
second target for midterm is 19500.
stop loss: if price goes under 9000 you must exit this position.
alternative position: If Price falls under 9000, you could enter in SHORT position at pullback chances.
Price is in a dense area for completing corrective waves after a sharp ascent.
the ascending moves are more powerful than descending moves which means bulls are more strong than bears.
9000-9500 area is a support zone.
Wait for btc to break resistance line and exit this dense zone. you can buy here for first step. 11000 is key level for entering to long position. when price breaks this line, its definitive trigger for entering in long position with more of your capital.
Targets: first target at short term is 15500 and you must note to resistance zone in last high at 13500.
second target for midterm is 19500.
stop loss: if price goes under 9000 you must exit this position.
alternative position: If Price falls under 9000, you could enter in SHORT position at pullback chances.