weslad

Btc Awaiting decision time either 4k or 8k

weslad Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hey guys I quickly want to talk about major level to watch and look out for right now on Bitcoin.

We are resting on a temporary support till 6000$ a break of which will likely get a hold towards 5600$.

But if 5600$ zone which I tagged as critical support break then we will have free fall to test strong hold zone towards 4000$ zone.

Base on this I decided to go long now with a mindset of tight stop loss which I tagged in 2(Aggressive and Conservatives)

All these two type of stop loss are well shown on the chart.

Thank you as you take you time to read my quick market update through.

Kindly go through the chart and do leave us your comments to let us know how you feel about our view,

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Thank you.
Trade active:
After the massive drop I have my eyes on this symmetrical pattern, which will only be invalidated when we have new low, which i do not see happening now. I may be wrong anyway, but let keep our eyes on this pattern.

Trade active:
The above long term idea is extracted from this post. if you remember I posted this and tagged it as all hope is not lost.

Trade closed: target reached:
the idea hit its first set target
Trade active
Trade closed: target reached

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