BTC Daily review: $36K to $36.5K should be a good area to buy
Looks like we are getting long-awaited retracement on Bitcoin...I will be very happy to add to my position at around 
36K to 36.5K, a good confluence zone based on SR flip and FIB ratio.
I am not sure how this is going to play out, but I think a break of that trendline will give more confidence to bulls.
If I get my positions filled at36K, I will be looking to sell at 
48K to 50K, which is a good 35% move.
So don't hesitate to buy on support, maintain your risk and create an appropriate position size.
Hope this helps!
Happy trading!
36K to 36.5K, a good confluence zone based on SR flip and FIB ratio. I am not sure how this is going to play out, but I think a break of that trendline will give more confidence to bulls.
If I get my positions filled at
36K, I will be looking to sell at 48K to 50K, which is a good 35% move.So don't hesitate to buy on support, maintain your risk and create an appropriate position size.
Hope this helps!
Happy trading!
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