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PULEMokhothu
May 10, 2020 2:46 PM

BTCUSD 8760.50 - 8.21% IDEA Long

Bitcoin / U.S. dollarBitstamp

Description

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...

Trade closed: stop reached

Comments
InvestingWithChris
Agreed. Everyone is riding waves and getting scared. The waves will continue, it's just learning how to surf them.
Marcusll
Good Chart Brother!
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