Entry Points for Bitcoin Pullback

15 ביוני 2017

Bitcoin is pulling back. Great timing to enter the rally. Question is WHERE exactly? Here are some potential entry points.

In no particular order:

• $1,900: Confirmed support/resistance level (once).
  
• $2,200: Mildly confirmed resistance level and 38.2% Fibonacci Retracement level.
  
• $1,700: Pinpointed sup/res confirmation and 61.8% Fib level. The strongest in my opinion.
  
• $1,300: Resistance level.
  
• $900: 6-month low and support. Very unlikely to drop below that.
  

I wrote this short summary today: jimmakos.com/2017/06/bitcoin-pullback-entry-points/

Remember, risk management is way more important than entry points. Know how (much) to trade.