Pay attention on BTCUSD 6k area seems never breaking support now who knows next. No doubt its a best buying if u get opportunity again. 5864 usd another very strong support, apply RSI & MACD trade fearless.
SMART WAY TO TRADE (TIPS) : 1. WATCH BTCUSD EVERYTIME, ITS A BOSS. 2. WAIT FOR BOTTOM OR OVERBOUGHT According to RSI. 3. ALWAYS APPLY FIBO RETRACEMENT LEVEL 4. WATCH OUT FOR TRENDS,PATTERN OR CANDLESTICK CAREFULLY.
These steps will boost YOUR confident into any trade n youll be own master's.
COMING TO ABOVE CHART:= BTCUSD SEEMS PERFECT AND FOLLOWING FIBO LEVEL N SHORT UPTREND AND SUPPORT' LAST TARGET AMOST REACHED. DRAWING TWO FIBONACCI RETRACEMENT FOR THE BEST WAY TO EXPLAIN, AS PATTERN FOLLOWING 0.618 GOLDEN RATIO so accordingly NEXT TARGET : 6933 , IF BREAKOUT THEN BE READY FOR HIGHER TARGET: 7532 .
IF btcusd do not break target 6933 level, then be ready to bleed red to support 6618 , if do no stable here then be ready for next support 6110 If this correction will get much bigger we will identify that and will look for buy again. Good Luck.
PLEASE SUPPORT the setup with your likes, comments and by following on TradingView thanks NAMASTE from INDIA.
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