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MARKETKNOWS
Jun 6, 2019 5:17 PM

$BTC, the correction to $6.5k Long

Bitcoin / U.S. dollarBitstamp

Description

The bitcoin price needs a small correction before to move the next target at 10k.

GoldenCross between 20 and 50 EMA.

Support LVLs:

Light ~ 7.2k
Strong ~ $6.3-6.5k

Resistance LVL ~ 8.6k to 9.2k

Enter ~ 6.4k - 6.8k
TP 1 ~ long hold.

Good Luck
Comments
DACapitalTrading
Great Setup, I have a short position running on BTCUSD right now what do you think?
MARKETKNOWS
@DACapitalTrading, I don't think that the price will hit 5k, too much people who want to buy at this level
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