Right now is a great risk reward play to buy BTCUSD -0.54% stops near 6420-40 area, target 7000. only risk 60 dollars max, low risk trade setup. see chart. good luck, traders!
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guys, unfortunately on lower TF, on 120 mins price chart, just spotted a bear flag again (similar to XRPUSD).
Please don't enter this trade on buy side for now, until further notice!
Thank you, stay safe and have a nice day!
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don't chase on buy side now, guys.
Very likely that we shall hit 6300 before any real upside.
Please stay tuned, I will update, once we get more clarity.
My preferred scenario for right now - see below.
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here's this same TL on daily chart. 6400 is tagged as a minimum for BTCUSD
I hope you are right. reaching 7000 would be great
asgcorp
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@Rob1n2, please review all the updates. Upside is coming, but we didn't bottom out yet. closer to 6400. see the chart I've posted in the updates section above. good luck!