Moroccolover
@t_Moroccolover
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Moroccolover
Moroccolover
Bitcoin formed a fakeout , and it is likely to continue downward to retest the level 43700 . In a possible scenario, the pair BTCUSD to reach 42700 dollars
Moroccolover
Btc/USD pair towards 44500 ? It is expected , there will be low volatility "squeeze I" or low volatility , before next break ,bearich or bullish , I think it will be bullish , you can also reverse the trade if it is a fake out .
Moroccolover
As we shared yesterday , btcusd (bitcoin) reached the first target successfully . We will post about next target soon
Moroccolover
In overall , BTCUSD is bearich and will keep going Down , till it retests a key level
Moroccolover
BTCUSD is bullish and is likely to break , and reach the level 45000$
Moroccolover
When to buy ? You should wait the retest of the price 44200$ then go long .
Moroccolover
If bitcoin's ( BTCUSD pair ) price breaks above 44400 $ and then retests . The next target would be 46600$ .
Moroccolover
If you are willing to sell , I assume the BTCUSD pair will reach the 43000$ value , max of the overbought zone . The price will retest a level again . And if you missed the chance , the price may even retest the structure , the dotted green line , then buy the marked line, it may rally again.
Moroccolover
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