FoxCharts

Double bottom before 5800$ ?

Long
BITFINEX:BTCUSD   Bitcoin
BTCUSD

High possibility of getting to 5800$, but I think we will go down to 3400-3300 and than 5800... I will place my BUY on 3400 or 3450 with SL on 3050... Red zone is dead zone fot BTC in my opinion. If BTC closes below 3200-3100, I have no idea where BTC ends.

Just watch support and resistance zones... They will lead you to your goals. There is chance if daily candle close above 4100-4200 we could see 5800 sooner :)

There is beauty in simplicity...

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This is not a financial advice, just my opinion.
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