ProjectSyndicate

BTCUSD H4 best level to BUY for 25% gains(NEW)

Short
COINBASE:BTCUSD   Bitcoin
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So without further due. Keep it short/simple and to the point.

BTCUSD H4 best level to BUY for 25% gains(NEW)
IMPORTANT: this is a speculative setup, performance
is not guaranteed, so please use a tight stop loss.
and always do your own due dill. thank you.
Tagged as SHORT as short-term I expect more losses
before reversal/dump.

Ok guys, how are you doing today? This is BTCUSD
4 hour chart chart we got in spot light right now.

On the right we got price contained within 4hour
upwards sloping regression channel, expecting
more downside short-term to complete bear
sequence near 6 000 USD.
Best reload spot for bulls right now near 6 000 USD.

On the right I plotted key flip zones on 4hour chart.
We had a breakdown of key level earlier today,
so more downside very likely short-term.
Flip zone nearby is 6000/6100 USD.
Bulls should watch for price reaction near this zone
for signs of reversal.

recommended strategy: wait for re-test of flip
zone near 6 000 USD. load up on BUY side with
tight stop loss. TP is +25% gains (7600//7800 USD)

good luck traders!

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