BitcoinShort
BTC/USD SHORT SET UP TO $7,000/ AT $7,000 GO LONG TO $10,480
Sell BTC/USD
Entry 1 8680
Entry 2 8568
Sl 8900
Tp.1 8,180
Tp.2 7,775
Tp.3 7,520
Tp.4 7,186
BTC/USD’s ability to remain above the 7473.42 area will be closely scrutinised by traders intent on assessing the sustainability of the recent move, as this area represents the 23.6% retracement of the 10540.49 – 6526.00 range. Likewise, a move back above the 8059.54 area will be seen as a bullish development as this represents the 38.2% retracement of the same range. Below current price activity, traders anticipate Bids around the 7597, 7473, 7313, and 7117 areas. Above current price activity, traders anticipate Offers around the 8177, 8340, 8585, and 8799 areas.
ONCE SHORT ends
BUY limit set up
entry 1 $7,080
entry 2 $ 6,680
sl 6300
Tp.1 7,600
Tp.2 8,100
Tp.3 8,600
Tp.4 9,600
Tp.5 10,240
Entry 1 8680
Entry 2 8568
Sl 8900
Tp.1 8,180
Tp.2 7,775
Tp.3 7,520
Tp.4 7,186
BTC/USD’s ability to remain above the 7473.42 area will be closely scrutinised by traders intent on assessing the sustainability of the recent move, as this area represents the 23.6% retracement of the 10540.49 – 6526.00 range. Likewise, a move back above the 8059.54 area will be seen as a bullish development as this represents the 38.2% retracement of the same range. Below current price activity, traders anticipate Bids around the 7597, 7473, 7313, and 7117 areas. Above current price activity, traders anticipate Offers around the 8177, 8340, 8585, and 8799 areas.
ONCE SHORT ends
BUY limit set up
entry 1 $7,080
entry 2 $ 6,680
sl 6300
Tp.1 7,600
Tp.2 8,100
Tp.3 8,600
Tp.4 9,600
Tp.5 10,240
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