Hi, guys!
Master (Pure) Charting Analysis: no indicators, no fancy drawings; only Pure Logic and 10 years of Experience.
* Bitcoin made a sharp move down breaking the psychological threshold of $10,000.
* However, strong support area at $9,400 - 9,600 has immediately drawn the attention of large buyers.
* Very long tail on 1H candle on increased volumes signals that heavy Buying power resides around the Support Area.
Trade Signal
Buy from $9,400 - 9,600
Target: at least $10,400
Stop-loss: $9,200.
Risk/Reward: 4(5):1
GOOD LUCK!
Yours,
Market Wizzard
Disclaimer
The decision to enter a trade is solely at your discretion and responsibility. I express my subjective opinion and provide information for educational purposes only.
Master (Pure) Charting Analysis: no indicators, no fancy drawings; only Pure Logic and 10 years of Experience.
* Bitcoin made a sharp move down breaking the psychological threshold of $10,000.
* However, strong support area at $9,400 - 9,600 has immediately drawn the attention of large buyers.
* Very long tail on 1H candle on increased volumes signals that heavy Buying power resides around the Support Area.
Trade Signal
Buy from $9,400 - 9,600
Target: at least $10,400
Stop-loss: $9,200.
Risk/Reward: 4(5):1
GOOD LUCK!
Yours,
Market Wizzard
Disclaimer
The decision to enter a trade is solely at your discretion and responsibility. I express my subjective opinion and provide information for educational purposes only.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.