Hello Friends,
My view on the king of Crypto.
BTC is hovering around 4400-3200 $ for last few months. Considering the last at $3120, price didnot break the low and making higher low with resistance around 4400-4200$, the resistance has been tested 2-3 times which makes the resistance weaker.
Resistance turned weaker and price is making higher low is a bullish sign to break the resistance. So I have 2 trades in visual.
1) Buy now, CMP : target 4400, sl is below the trenline . 5% sl and 7% target.
2) Buy now and wait for the breakout. break of 4400 will take the price to 5000$ and more. sl : 6% and target is 30%. RR is 1:5
Setup is invalid once price breaks the trendline. So play at your risk.
#BTCUSD #BTC #BTCLONG
My view on the king of Crypto.
BTC is hovering around 4400-3200 $ for last few months. Considering the last at $3120, price didnot break the low and making higher low with resistance around 4400-4200$, the resistance has been tested 2-3 times which makes the resistance weaker.
Resistance turned weaker and price is making higher low is a bullish sign to break the resistance. So I have 2 trades in visual.
1) Buy now, CMP : target 4400, sl is below the trenline . 5% sl and 7% target.
2) Buy now and wait for the breakout. break of 4400 will take the price to 5000$ and more. sl : 6% and target is 30%. RR is 1:5
Setup is invalid once price breaks the trendline. So play at your risk.
#BTCUSD #BTC #BTCLONG
Nota
It took a month, But Target Hit. Congratulations.Dagangan ditutup: sasaran tercapai
Closing this call as of now. We can catch up again.
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Penafian
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Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.