BitcoinLong
Btc: Can we expect another push to 7.4k?
Currently the majority are sitting in Usdt or Fiat unsure of where to enter with this high volatility, here's what i think is next for Btc!
If you are not in my discord channel here's my last 2 calls on Btc:
- Short from 7 180, take profits around 6 680 & 6 480 (Completed);
- Long from 6 480, take profits around 7 150 & 7 400 (Tp1 hit);
1. The Bull Flag breakout
We are currently breaking out from the Bull flag i have been watching over the last 2 - 3 days, this means that the trend is now switching to bullish once again on the 4h timeframe.
We can also see that many indicators like Macd & Rsi have flipped bullish, it should give the fuel to Btc to continue is rise here.
2. So now what's next?
Here's my personal trade idea:
Risk:5%, Leverage: x10 - x25, Medium Risks
Long: 6 935 - 6 955 (You can add a extra order around 6 850)
Sl: 6 810
Tp1: 7 150
Tp2: 7 270
Tp3: 7 300
If you want to follow our play, feel free to click on the link below!
If you are not in my discord channel here's my last 2 calls on Btc:
- Short from 7 180, take profits around 6 680 & 6 480 (Completed);
- Long from 6 480, take profits around 7 150 & 7 400 (Tp1 hit);
1. The Bull Flag breakout
We are currently breaking out from the Bull flag i have been watching over the last 2 - 3 days, this means that the trend is now switching to bullish once again on the 4h timeframe.
We can also see that many indicators like Macd & Rsi have flipped bullish, it should give the fuel to Btc to continue is rise here.
2. So now what's next?
Here's my personal trade idea:
Risk:5%, Leverage: x10 - x25, Medium Risks
Long: 6 935 - 6 955 (You can add a extra order around 6 850)
Sl: 6 810
Tp1: 7 150
Tp2: 7 270
Tp3: 7 300
If you want to follow our play, feel free to click on the link below!
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.