Bitcoin amazing mid term buy opportunity! Setup in the chart!
Bitcoin just touched 50-61.8 fib are which is holding the price right now pretty well. If it holds above this area it should start another wave up in the mid term to 11.8K-12.7K.
A stop loss would be good at 7600 in my setup. This way the trade should be safe against stop hunters and will probably hit only if Bitcoin really ends the uptrend.
This way we have a R:R ~= 3.00
Bitcoin is just starting in my opinion and I will be making this setup!
A stop loss would be good at 7600 in my setup. This way the trade should be safe against stop hunters and will probably hit only if Bitcoin really ends the uptrend.
This way we have a R:R ~= 3.00
Bitcoin is just starting in my opinion and I will be making this setup!
Comment:
Keep it simple!