DK_Investment

Bitcoin / buy at 30-31K $ / 42K $ target

Panjang
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BITFINEX:BTCUSD   Bitcoin
Dear traders and followers,

welcome back to our latest Bitcoin idea.
The market has been shaping a tighter and tighter price channel since mid-May in the range from 42K down to 30K and is currently
at the no trading area (sell at resistance or buy at support)

The diagonal short term up trend line has been broken yesterday and we can expect a soon retest of this area.
All volume indicators doesn't show any sign of incoming bullish movements at all but this can change quickly.

For the moment our limit order buy area is between 30K - 31K $ with a tight stop loss and take profit near 42K $.

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Komen:

tested twice the trend line and resistance
now going into down movement as expected
Komen:
just nailed the entry an looking for sell signal before closing the position early without any signal from market
Dagangan ditutup: sasaran tercapai

The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
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