Get started
uriyaz

BTCUSD : looking to buy the retest of 6000 zone

Long
Bitcoin (COINBASE:BTCUSD)  
uriyaz  
COINBASE:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Beyond Technical Analysis BTCUSD retest priceaction reversal confluence
2
0
trendanalysis chartpattern beyondta btcusd retest priceaction reversal confluence
BTCUSD spiked a strong support zone.
If the big up trend will keep going then i believe it is a good place to buy.
So i look to buy the retest of 6000 wich is a round number + PA support + fib confluence and to get a low risk position i will wait to buy a false break down on the lower time frame.
First Target will be 7000 zone...

Best of luck :-)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.