hey guys welcome to an another update on XBTUSD and it looks damn bullish in higher time frames like weekly, daily and 4h charts, so definitely this could be huge mistake to miss this opportunity or you could got rekt if you short from here.
as you can see in charts wave 4 is completed at 7400 level and now we're in wave 5 which could boost the prices for the last time, bitcoin could finally hit the 10000s level after almost 13 months, but we have to be very cautious from this levels as we're in wave 5 so we definitely need tight stop losses and a low risk strategy, so if you're going long from here i won't recommend leverage more than 5x, coz bitcoin's prices may see heavy fluctuations and your positions could easily liquidate within a fraction of seconds.
so don't get greedy and play safe
Long #XBTUSD with 5x of leverage from 9080 - 9250
T1 9500
T2 9750
T3 10000
SL 8780
as you can see in charts wave 4 is completed at 7400 level and now we're in wave 5 which could boost the prices for the last time, bitcoin could finally hit the 10000s level after almost 13 months, but we have to be very cautious from this levels as we're in wave 5 so we definitely need tight stop losses and a low risk strategy, so if you're going long from here i won't recommend leverage more than 5x, coz bitcoin's prices may see heavy fluctuations and your positions could easily liquidate within a fraction of seconds.
so don't get greedy and play safe
Long #XBTUSD with 5x of leverage from 9080 - 9250
T1 9500
T2 9750
T3 10000
SL 8780