Ehsan_Askarzadeh99

BTCUSD Daily Buy Setup

Long
BITSTAMP:BTCUSD   Bitcoin
Hello everyone, i'm here to analysis BTC for you, as you can see price didn't go below pitchfork and shows a very strong support at 20WMA at Monthly chart and reversed with 3-4 bull candles and we can now say that price is now officialy reversed, for the SL it is below the last low at 28-27K and for TP i don't think it will again test the higher trendline from pitchfork and 1.272 level of fib is ideal for TP, RR is almost 2 and it has a potential of 70% grow in price, BUT i personally think AltCoins are better for now and has higher grow potential.
So this is it, what is your thoughts about BTC and it's future fell free to commnet and don't forget to like and follow for more analysis.
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