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Ometrading
May 12, 2019 9:29 PM

Waiting for a retracement for the 8000 USD achivement- BTCUSD 

Bitcoin / TetherUSBinance

Description

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.

Trade closed: target reached

After a smaller correction than predicted, price hitted the TP.
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