BTCUSD INVERTED HEAD AND SHOULDER RETEST?
Bitcoin / Dollar BITFINEX:BTCUSD
I am placing a buy limit on BTCUSD @ 6800
Stop Loss 6200
Target: 11100
Btcusd bottom out last year where I bought @ 1800 and took it to 17000. I’m expecting this to potentially be the bottom of 2018. If this level doesn’t hold it is possible we see 3000. With proper risk management this is a good level to try buys. If it doesn’t hold we will simply try again at a lower price point. Risk to reward will make us profitable long term, safe trading.