TheAnonymousBanker

[BITCOIN] HARMONIC STRUCTURE IN DEVELOPMENT?

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BITSTAMP:BTCUSD   Bitcoin
If you reading our analysis below, keep in mind that we don't trade CRYPTO CURRENCIES, so this analysis is reserved for TradingView Users and all our Followers.
Having said that, the trend is bullish but we are close to the TARGET, and on H4 chart, the harmonic structure in development still keeping the bullish trend in short term.

How can I manage the positions?
- If I am a "Scalper", I can try to take a long position with a tight stop, and excellent Risk/Return ratio.
- If I'm a "Day Trader", I can look for a reversal pattern around the resistance area and try to take short position (reversal pattern required).

If you think this analysis can be useful, leave a your comment or your ILIKE!
Thank you for support and trade with care!
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🔔 2024 Forex Long Term Analysis:
🌐 anonymousbanker.org/
🥇 Crypto Exchange:
🌐 bit.ly/CryptExchange

Analysis made with 💝
By Anonymous Banker
A TradingView Fan since 2015
Penafian

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