1D Bitcoin long in low zone of 4 month Trading Range
1D:
The Bitcoin is in Trading Range (TR) for 4 months.
When we are in TR the probability for breakout (BO) beyond TR Up or Down is only 20%
In Trading Range we should Buy Low, Sell High (BLSH)
Right now Bitcoin in Low Buy Zone.
Trading Idea:
Buy with stop order above bull bar at 20.554
Place protective stop order beyond the reversal below Trading Range at 18.287
I want to swing position for risk/reward 1/2 with Take Profit at 25.110, but in case of market uncertainty 1/1 also will be good at 22.800.
Right now probability to get to the High zone 23.000-25.000 is slightly higher
than get to the zone outside of Trading Range 18.000-18500
The Bitcoin is in Trading Range (TR) for 4 months.
When we are in TR the probability for breakout (BO) beyond TR Up or Down is only 20%
In Trading Range we should Buy Low, Sell High (BLSH)
Right now Bitcoin in Low Buy Zone.
Trading Idea:
Buy with stop order above bull bar at 20.554
Place protective stop order beyond the reversal below Trading Range at 18.287
I want to swing position for risk/reward 1/2 with Take Profit at 25.110, but in case of market uncertainty 1/1 also will be good at 22.800.
Right now probability to get to the High zone 23.000-25.000 is slightly higher
than get to the zone outside of Trading Range 18.000-18500
Dagangan ditutup: hentian tercapai
nevertheless, i still believe that we will ho higher
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.
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.