Tradingshiksha

#BITCOIN ideal buy range with targets. #btcusd

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Though I don't trade crypto currencies but I am big admirer of Blockchain technology and the idea of Independent Currency for Internet.
I have done this analysis on the request of one of my student as he has been thinking of buying some bitcoin for last couple of months.

Bitcoin it seems have found its near term bottom after year long consolidation and once it breakout of the over head resistance it will possibly see a good up move.

The ideal buy level for bitcoin would be either after the breakout from the overhead resistance zone or on retest of support zone around $3700-$3900

All the best and if you like my analysis then do hit like to show your support.

All the best!


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Comments

WOW... what a jump.... and 1st target achieved already...
Reply
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