On the 4hr Mac d and histogram looking favorable plus rsi just gone above 50% mark, if it can stay above that then its got a good chance of making it to the yellow resistance over the next couple of days.
With btc in a bearish position, stop loss will be tight, maybe 1- 2%
With btc in a bearish position, stop loss will be tight, maybe 1- 2%
Trade closed: target reached
target reached.
Take profit for now as there is quite a bit of rejection to the upside. still well above the 55 ema and rsi at a decent number so still plenty more room for it to rise furhter. Just need a few big green candles to get through the next resistance.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.