BTCUSD > The Perfect Place For a Buy!?

29 нояб. 2020 г.

Analysis of #BTCUSD

Hello friends,

so this analysis could be a little bit confusing because the setup is bearish but I am analyzing this for a buy, sure there is a ton of money to be made on the short side, anyway not for me I have been always long BTC.

so we have here an advanced harmonic pattern bearish bat, which indicated we might see a fall to 14000 the target one of the bat, also a fib 61.8 from swing low to swing high, also a structure support level look at the chart, that's my friends where I will consider issuing another buy entry if the rules are met.



I hope this idea earns your likes and comments, that will really support me to keep providing you valuable analysis

Really appreciate your support and feedback
Check today analysis below⠀


_____________________________________________________________________________⠀
-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You