DeepandMoon
Long

As I said in my previous analysis, $ 6300 is down. And Then ??

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
In my previous analysis, I had said that it was hidden bearish divergence, and downgraded it to $ 6,300. We've reached the target.
1-Now,Expected target 7300- 7500 $.But The bears may want to drop a little more to create emotional pressure and panic.
2-The loss stop level is $ 6,200. If it goes down to 6200, it can be sold at 2/3 Ratio. Target is 4800-5000 range.
3-I think we can go down to about $ 5,000 any time, but I anticipate that we will be able to rise to $ 7500 before this fall.

Good luck

Comment:
My previous analysis
Trade closed: target reached
Comment: Target 1 reached

Comments

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