BITCOIN - Two Major Levels detected for BUY & HOLD Looking for Perfect entry level to Hold your Bitcoins? Than you must consider those Two levels that can write your Profit in Long First level to Buy your BITCHAIN is at 3600.00 Second level might not possible to hit in nearby time or even expected to be but as a consideration, at 3000 For Day traders please wait for confirmation (more information will be provided in upcoming trades)
Quick Look: No, BITCOIN will not BURST but yes it can deplete which will create new points for upcoming Investors to boost it's Ratio and hence the BITCHAIN is still the most valued asset for WIN BUY _____________________________________________________________ Recommendation Note: For Leverage Traders, Please wait for detailed information to place the most perfect trade as possible. just to stay ahead! Leave a Like if this analysis helped you, In case you have any doubts Feel free to leave a comment
Hi, as you recommended to buy at 4400, I managed to place in at 4415 and put my stop at 4010.30 (0.236) and Target at 4989.05
so far it's looking good will be waiting for the updates, :D
BloomFisher
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@psntrader, Our entry is at 4420 and placed two trades one with 4800 Target the other one at 4989.05 but Stop is at (0.236 Fibonacci Level) which is 4245.30 So, why you placed at 4010.30, and yes we will keep you updated!
psntrader
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@BloomFisher, Didn't know about two trades is it okay If I divide them now ? and yes my Stop Loss is at 4245.30 (Typo Mistake)
BloomFisher
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@psntrader, Sure, you can split your trade and divide them in two,
One quick question
The current support at between the 4450 and 4520 seems to be holding looking at the hour and four hour chart.
Do you feel the sell may stop at this region and we'll have a spike up to go test the previous high? I'm just curious thanks
BloomFisher
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@ImmortalTrader, That's a really good and informative question, as you can see 4400 is the Heavy support level for Lower time frame charts and if you are looking to make a short term profit than you should wait and check for Bullish confirmation for now it's expected to hit 4444 and Spike up so yes we could see some Bullish movements! on the same
we will update you will other analysis once we confirm the bullish buy for short term!
Apollo13
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Good calls ... fully agree.
BUSINESS2
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What a Drop, let's see if Level one could hold up
Thank you @BloomFisher :D
so far it's looking good will be waiting for the updates, :D