BTCUSDT: Drops Towards $53000 region may help us hitting $80000.
BTCUSDT
price currently in making of AB=CD pattern, it is likely to touch and reject at the $53000 which area remain crucial for most of the swing investors. The following news we can significant impact in the crypto market also 50k to 53k area remain extremely bullish. With accurate entry at 530000 area when we can target 80-100k possibly.
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As price developed, we have two approach with this trade idea at the moment. First there is a risk entry that can be suitable for those who can use good risk management and have enough experience.
Second entry is safe entry which can be good option for inexperience traders or those who want to take safe entry.
Do your own analysis before taking this idea.