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Bitcoin Long Pivot S/R
Trade Idea
Price has broken first resistance on the H15 pivot chart. Looking to long a retrace and retest of that resistance as support. Targeting the .5 Fib of the retrace of the pump at 6455. Stop at 6440; Target 6562.
Shorts are piling up on Bitfinex making chances of squeeze likely.
Price has broken first resistance on the H15 pivot chart. Looking to long a retrace and retest of that resistance as support. Targeting the .5 Fib of the retrace of the pump at 6455. Stop at 6440; Target 6562.
Shorts are piling up on Bitfinex making chances of squeeze likely.
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