BITUSDT - nice Entry timing
BYBIT:BITUSDT
1H trend chart
-
BIT has broken out the downtrend line which is formed since Nov 21st
And it retested it so far on 1H time frame.
If price doesn't show a fall immediately, trading strategy as below.
-
Profit Targets:
a) 2.435----Fib(1)
b) 2.49~2.512----Fib(1.272~1.382)
c) 2.56----Fib(1.618)
d) 2.637----Fib(2)
Stop losses:
a) 2.353-----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
-
BIT has broken out the downtrend line which is formed since Nov 21st
And it retested it so far on 1H time frame.
If price doesn't show a fall immediately, trading strategy as below.
-
Profit Targets:
a) 2.435----Fib(1)
b) 2.49~2.512----Fib(1.272~1.382)
c) 2.56----Fib(1.618)
d) 2.637----Fib(2)
Stop losses:
a) 2.353-----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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