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kyer
May 25, 2020 12:18 AM

$BTC Entry Target Hit 

Bitcoin / U.S. dollarBitstamp

Description

  • Update from my last post, stating touch of $8650 was very likely

  • $8650 wicked to a T, and should be entered now with a tight stop-loss.

  • Currently price is being held at $8650 by monthly support and the 2017 trendline

  • Buy order hit at $8650, expecting consolidation along this level until we move back up

  • This was the dip everybody was talking about, i'm pretty sure we won't see lower, because 7.7k would wipe out all gains from this uptrend and we'd be back at square 1

  • Will keep you updated as often as possible, join my free telegram chat and ask me any trading questions
Comments
ThawonP
Chart looks great
kyer
@ThawonP, thank you sir
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