DK_Investment

Bitcoin down to 52K $ buy area

Long
BITFINEX:BTCUSD   Bitcoin
Dear investors and followers,

welcome to today's Bitcoin market update!

Bitcoin price is into short term correction as expected. Next down wave starts after hitting 56150 $ resistance and confirming the trend line as resistance.

The RSI indicator going into possible bullish divergence on the one hour chart. RSI Need a third confirmation before the market starts the next up wave.

Looking for a buy between 52.000 - 52500 $.

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Comment:
BTC is on track. Final target near 38K$

Trade closed: target reached

The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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