BTC/USDT (4H) Binance - Watch those supports :)

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi traders, Probably many of you short BTC or at least wait for better buy price.

Right now we need to consider 2 options:
1) Entire move from 6400-10500 were 1-5 impulse wave (or (1) of higher cycle). And we are doing correction - right now ((c)) reached 1.618 extension .
Worst case scenario will be c =2.618 extension == 7600 USDT is axactly connection 2018-2019 bottoms.

2) Entire move from 6400-10500 was A-B-C Correction and we can go much deeper than 6400 USDT.
(Fingers crossed :D, so we can short and buy much cheaper for long term).
- I like this option bit more because of the panic (Coronavirus) on stock / comodity markets.

Share your ideas, trade safe and dont take everything too serious (Its just Flu with different name).

Trade closed: target reached: Target reached, trade closed. Be carefull. there could be huge dump. Its better to sell BTC and all alts.


Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out