BTCUSD daily best level to BUY/SELL (NEW)

2020년 3월 20일

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So without further due. Keep it short/simple and to the point.

BTCUSD daily best level to BUY/SELL (NEW)
IMPORTANT: this is a speculative setup, pefrormace
is not guaranteed, so please use a tight stop loss.
Tagged as LONG, because I expect more upside
before reversal for 5 000 USD.

BTCUSD got a nice bounce off the sliding TL on daily,
so 4500-5500 looks like an interim bottom for bitcoin.
Currently, I expect mild/further upside, capped by
7400 USD, which is 50% of the previous swing.

Strategy bears:
short from 7 400 USD using tight stop
TP is 5 000 USD

Strategy bulls:
(riskier) buy at market now exit at 7400.
(lower risk) buy near 5 000 USD upon re-test
later. could be nice buy and hold setup
for a re-test/touch of 10 000 USD later.