Waiting for a retracement for the 8000 USD achivement- BTCUSD
Hello everyone,
After thinking abou the possibility of seeing a downside from BTC on the 6000 USD, the break up shows us a different scenario. We can expect a correction week/s on the TOP crypto coin.
We have to be tuned waiting for a rejection of the 38.2 fibonacci retracement , which coincides with the 6000 usd support aprox.
Then we could talk about a new bullish impulse till the region of 8000-10000 USD.
After thinking abou the possibility of seeing a downside from BTC on the 6000 USD, the break up shows us a different scenario. We can expect a correction week/s on the TOP crypto coin.
We have to be tuned waiting for a rejection of the 38.2 fibonacci retracement , which coincides with the 6000 usd support aprox.
Then we could talk about a new bullish impulse till the region of 8000-10000 USD.
Trade closed: target reached:
After a smaller correction than predicted, price hitted the TP.