Bitcoin
Long

small risk buy with harmonics

425
as you can see at my related ideas, my opinion is that the 160.00 level is a pretty strong support and i personally got out of all my sell orders and now i'm into some long involved. i expect some range now between 160ish and 270.00. if we close on a daily/weekly candle above/below these levels, it will get order on the rebounce.
Anyway, if this double top holds(0.618 of B to C), the 202-200 will be a good low risk buy setup folks!
Trendline, price action support, harmonic pattern (some fib levels forming up) and a big round number 200.00!!!
Stops can even be smaller about 190ish

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.