BITUSDT - Good entry position!
BYBIT:BITUSDT
1H trend chart
-
After an amazing surge, Bit is converging as a descending triangle right now.
If price can break out the upper downtrend line, trading strategy as below.
-
Profit Targets:
a) 2.495----Fib(1)
b) 2.683~2.759---Fib(1.272~1.382)
c) 3.186-----Fib(2)
Stop losses:
a) 2.122-----(Red horizontal ray)
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading
1H trend chart
-
After an amazing surge, Bit is converging as a descending triangle right now.
If price can break out the upper downtrend line, trading strategy as below.
-
Profit Targets:
a) 2.495----Fib(1)
b) 2.683~2.759---Fib(1.272~1.382)
c) 3.186-----Fib(2)
Stop losses:
a) 2.122-----(Red horizontal ray)
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading
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🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
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