In this simple technical analysisi. Bitcoin is show us a possible movement unitl the $9,000 USD and this is a possible target to closed it, but in my case I don't put a target profit, only I going to run to going, but just a SL it's optional for me. Now, in this technical analysis Bitcoin it's on the bullish divergence making in the RSI lower low and the price action lower low, and this mean that it's a hide bullish divergence. So it's very interesting and put a buy limit at zone of $8700 USD.
Order cancelled
In the last hours, Bitcoin has never going to leave of my order limit for only -0.89% of change when I put an order in $8,700 USD appoximately when Bitcoin is nar of $8800 USD. So, I cancelled my position because now, we see a possible way that Bitcoin has drop again and put a short position.
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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.