BitcoinLong
BTC/USD: Buy Entry Determined as Higher Low Forms BTC to 10K
Hello,
On BTC/USD anticpating a corrective before any further bullish moves to begin, as bulls ahve been relatively exhausted. With that being said, there are two entry zones.
1. The First being at 9432.1. Expecting a possible bounce here as we have numerous EMA's such sa the 50 S/EMA, 31 EMA, etc. There is also a trend line present indicating areas of support.
2. Our second entry area is 9033.1. This area was chosen due to confluence of bullhorn structure and trend line support (illustrated above) as well as the 4H time frame 800 EMA.
Look for confirmation to enter, I also advise you to facilitate this trade in a lower time frame for a better entry. Please execute with your own due dilligence. The financial markets are risky, I am not responsible for any capital loss.
Thanks,
Trade Wisley
On BTC/USD anticpating a corrective before any further bullish moves to begin, as bulls ahve been relatively exhausted. With that being said, there are two entry zones.
1. The First being at 9432.1. Expecting a possible bounce here as we have numerous EMA's such sa the 50 S/EMA, 31 EMA, etc. There is also a trend line present indicating areas of support.
2. Our second entry area is 9033.1. This area was chosen due to confluence of bullhorn structure and trend line support (illustrated above) as well as the 4H time frame 800 EMA.
Look for confirmation to enter, I also advise you to facilitate this trade in a lower time frame for a better entry. Please execute with your own due dilligence. The financial markets are risky, I am not responsible for any capital loss.
Thanks,
Trade Wisley
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