Bitcoin price targets for this growth!
Hello, everyone!
As you know I opened my last long BTC position at $41940 and now I am trying to anticipate when we can take profit. I have already set my stop loss to the zero loss level.
If we take a look at the last downside impulse we can see that the price corrected exactly to the 0.38 Fib level. I suppose that we can see the 0.5 and 0.61 Fib levels ($49600 and $53500). There will be the nice opportunity for the market maker to liquidate the short positions and cause the FOMO and greed at the market. I think that we are in bear market and after some growth we will see the prices below $30000.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
As you know I opened my last long BTC position at $41940 and now I am trying to anticipate when we can take profit. I have already set my stop loss to the zero loss level.
If we take a look at the last downside impulse we can see that the price corrected exactly to the 0.38 Fib level. I suppose that we can see the 0.5 and 0.61 Fib levels ($49600 and $53500). There will be the nice opportunity for the market maker to liquidate the short positions and cause the FOMO and greed at the market. I think that we are in bear market and after some growth we will see the prices below $30000.
DISCLAMER: Information is provided only for educational purposes. Do your own study before taking any actions or decisions at the real market.
Get access to private PineScript strategies and turn script alerts into orders at your exchange account with easy-to-set up bots
Get free alert bot:
skyrexio.com
Get free alert bot:
skyrexio.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.