View on the BTCUSD market for the following hours.
Hello all.. this is my first shared idea since I recently started investing time and learning the Crypto market and stock trading in general.
I believe we will hit the 6050 USD area and test the resistance, according to the current trend it will then settle back to the new support level.
I made a small back-up plan for the next 2 hours where I believe it can also break through the current support line and might fall back to 5600 USD.
these are then also my targets for the new wave which is starting as I type.
target set at 6000 - 61000
Stop target at 5600
Let me know what you think, I appreciate the feedback and would love to learn and debate.
I believe we will hit the 6050 USD area and test the resistance, according to the current trend it will then settle back to the new support level.
I made a small back-up plan for the next 2 hours where I believe it can also break through the current support line and might fall back to 5600 USD.
these are then also my targets for the new wave which is starting as I type.
target set at 6000 - 61000
Stop target at 5600
Let me know what you think, I appreciate the feedback and would love to learn and debate.
Penafian
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