GOOD DAY TRADERS
HERE IS AN IDEA ON BTCUSD HEADING TO THE 2020 HALVING THIS WEEK
> WE SAW A PLUMMET OF THE PRICE GOING DOWN TO $8105 IN JUST 2 DAYS
>BITCOIN HALVING IS IN 2 DAYS WHEREBY THE REWARD FOR MINING BITCOIN TRANSACTION IS CUT IN HALF THIS EVENT ALSO CUTS IN HALF THE BITCOIN INFLATION RATE AT WHICH NEW BITCOIN ENTERS CIRCULATION.
> DESPITE ALL THIS CRPTOS ARE STILL EXTREMELY VOLATILE ON MOST FRONTS
WE MIGHT SEE A RISE AS LONG AS WE TRADING ABOVE THE 61.8% FIBONACCI LEVEL
LOOKING FOR LONG OPPORTUNITIES ON THE CRPTO ESPECIALLY IF WE TRADE ABOVE $9000 AND $100000
PERIOD - SWING
RISK MANAGEMENT
>> IF YOU LIKE THIS IDEA KINDLY LEAVE A LIKE AND COMMENT... KINDLY FOLLOW AS WELL FOR MORE SWING AND DAY TRADE IDEAS, APPRECIATE IT...
HERE IS AN IDEA ON BTCUSD HEADING TO THE 2020 HALVING THIS WEEK
> WE SAW A PLUMMET OF THE PRICE GOING DOWN TO $8105 IN JUST 2 DAYS
>BITCOIN HALVING IS IN 2 DAYS WHEREBY THE REWARD FOR MINING BITCOIN TRANSACTION IS CUT IN HALF THIS EVENT ALSO CUTS IN HALF THE BITCOIN INFLATION RATE AT WHICH NEW BITCOIN ENTERS CIRCULATION.
> DESPITE ALL THIS CRPTOS ARE STILL EXTREMELY VOLATILE ON MOST FRONTS
WE MIGHT SEE A RISE AS LONG AS WE TRADING ABOVE THE 61.8% FIBONACCI LEVEL
LOOKING FOR LONG OPPORTUNITIES ON THE CRPTO ESPECIALLY IF WE TRADE ABOVE $9000 AND $100000
PERIOD - SWING
RISK MANAGEMENT
>> IF YOU LIKE THIS IDEA KINDLY LEAVE A LIKE AND COMMENT... KINDLY FOLLOW AS WELL FOR MORE SWING AND DAY TRADE IDEAS, APPRECIATE IT...
Trade closed: stop reached
