handyrams8

Currently waiting for 43k target, but what if 38k breaks down?

Long
INDEX:BTCUSD   Bitcoin
Previously, I have stated that 38k should hold as support.
However, if there is a move below 38k, I would not expect it to last long.
I would expect it to get bought up pretty quickly.
So, what level would I be looking to long if 38k breaks down?
The 1.8618 fibbonacci level sits at about 35k, therefore that is the level I would look to go long.
Currently, I await for 43k target to take long profit.
I hope this helps someone out there.
God bless you, 🙏
Handy

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