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So without further due. Keep it short/simple and to the point.
XBTUSD 4hour short-term review and targets (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.
XBTUSD 4hour short-term update.
Previously nailed the move in btcusd, click play to recap: BTCUSD short-term update TP 5800/6000 USD(NEW)
Ok right now 5800 will likely break down, next up is 5100/5200 USD, which is VPVR POC, if we bounce from this level, then likely price will re-test 6200/6300 before heading lower.
However, if both 5800 and 5100/5200 fail, next target for bears is 4600, this is the final level for any bounce/rebound as well.
Bulls should look for signs of reversal now near 5100/5200 first, and if we get any on 1hour chart, load up on BUY side TP 6200. If 5100/5200 fails, bulls should undertake final round of buying (higher risk) near 4600 range lows. target will be 5800 USD.
good luck traders!
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