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ForexTrendline
Jun 24, 2020 4:48 AM

1-2-3 BOOM !!! | BTCUSD Long

Bitcoin / U.S. dollarBitstamp

Description

After the large number of successful analyzes with currency pairs and gold, it was the turn of BTC.

The price is in an upward movement, as it is formed by fast impulses and slow corrections.
At the moment, the price is in correction again and we expect the main trend to continue.

The most suitable moment of entry is in case of break of the correction!
Why?

1) This allows us not to wait long for the price to move aside.
2) But more importantly, it can protect us from a losing trade if no breakthrough occurs.

Follow our analyzes and earn more. Good luck!
Comments
mitaka_dga
Nice
AboveDuality
violent stop hunt or real break down? From weekly POV more downside should come
emil_georgie
Thanks for the analysis.
Avramov
I'm waiting that for a long time. You are giving me hope that time is coming. :)
ForexTrendline
@Avramov, Since 2018 :):):)
Avramov
hristodela
Thanks, that is a good short term trade if there is break, 10k is good TP targer. On daily tf the price is still in range. If the price breaks 10k - it will also break the range, weekly resistance and also monthly downside trendline, so there is also good potential for longer term. Good luck
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