BitcoinDiupdate

BITCOIN - Last Chance to BUY?

Hey traders,

In the previous analysis, we were expecting bitcoin to move up from 0.5 - 0.618 fib levels. But what has happened is that price made a deep retracement towards 0.88 fib, which is good for us. why?

The 0.88 fib level is very close to the low = tight stoploss = higher Risk to reward = Big gains

LONG Setup:

- Watch the break of the descending blue trendline
- Wait for a retest or a pullback for entry
- Stoploss: Below 0.88 fib or below the recent low
- Targets: 76k, 80k, 87k, 96k and 99k.

Good Luck and trade Safe
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Catatan
BITCOIN Daily Update - Price made a new low and then broke the descending trendline

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