Next Target for Bitcoin: $17,000 - By Trading-Guru
Updated
In this idea for Bitcoin I show how you could set-up a long position in the bullish scenario that the ascending channel holds.
We can see a very important confluence at the moment the ascending channel touches the support zone. This could be a great point to enter a long trade.
Then, for the take profit location I suggest the second important confluence, the moment where the price will touch a psychological resistance level of $17,000 exactly during the time it hits the resistance line of the ascending channel
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
We can see a very important confluence at the moment the ascending channel touches the support zone. This could be a great point to enter a long trade.
Then, for the take profit location I suggest the second important confluence, the moment where the price will touch a psychological resistance level of $17,000 exactly during the time it hits the resistance line of the ascending channel
Follow me for consistent high quality updates, with clear explanations and charts.
Please like this post to support me.
- Trading Guru
--------------------------------------------------------------
Disclaimer!
This post does not provide financial advice. It is for educational purposes only!
Trade closed: stop reached
I want to close this trade as the price reached through the ascending channel and now also through the horizontal support, invalidating the concepts behind this idea.Instead, I will continue this idea here: please follow BTC on this idea and give it a thumbs up!
Thảo luận về những biến động và nói cùng nhau về thị trường giao dịch ở cộng đồng Telegram này nhé!
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
t.me/Vietnam100eyes
(bắt đầu từ tháng 2 - 2023)
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.