Hamedetc
Long

Bitcoin, Buy or not???

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
Hello my friends. If you think that the correction is over and now we should buy for mid-term (2-3 weeks) I don't think so. You may get signals and buy opportunities of bitcoin             . But personally I think BTCUSDT             can go lower than this. In short term it may experience some fluctuations. It may go higher (to 8.5-10K) and then go lower. If you are a short-term trader, so buy now and sell for 8.5-10K.
But if you look at weekly chart, you will be noticed that RSI is still in a downtrend channel . Price retraced at 61.8 fib level and break it down. so it will go to the blue box and then you can set your buy order and watch for an attractive race.

As always: trade on your own risk. I wish you the best. Good luck.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out