BTC/USD Market Opportunity
Hello, today I update BTC, my goal is BTC / USD / 1 DAY - Coinbase.
Opportunity at level 61.80% price: $ 8.600 / 8.300, where the graph (MACD) is beginning to show oversold, which announces a change in trend.
What makes this area attractive for trade? A business position is more like an investment. it is capitalizing on the broader trend, which is still bullish in cryptocurrencies. When a short-term reaction occurs, such as a peak of panic, and the price sometimes takes extremes of descent, often the inexperienced investors are expelled from the market,In my opinion is an attractive area to look for position trade longs because this is where the weak hands are shaken out.
Conditions like this offer excellent prices for the longer term investor, which is a function of support levels of greater magnitude. ( 61.80%) where then the price bounces, at higher levels
Disclaimer : Never invest more than what you can afford to lose.
This post is my personal opinion about my own investment.
Trading is not a sprint, long-term investment is more stable. I just show technical analysis as I see it,the information contained above is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice.
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