cherif100

bitcoin ( corrective wave )

Long
cherif100 Updated   
BITSTAMP:BTCUSD   Bitcoin


bitcoin down to our buy target 3700$ and there is a possible trade here with another pattern

BUY : 3700$ - 3600$
TARGET 1 : 4100$ -4200$ (13.5% PROFIT )
TARGET 2 : 4700$ - 4800$ (+29% PROFIT )
STOP LOSS : 3500$ (5.7% LOSS)

now you have to manage your capital and calculate your profits and losses before entering this trade


Comment:
#btc important update

first thing we bought bitcoin @ 3710$ and bitcoin reached 4100$ (+10% profit ).

there is a supply zone between 4100$ - 4200$ and it looks strong zone
so our next target at 4800$ may not reached
another bearish wave will active if bitcoin break 3800$ .

my advice is you should close at least 50% of your contract and wait bitcoin next action

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