BTCUSD Aiming Higher
Updated
HI there,
The price of BTC is unclear; a bearish candle appeared on the daily time frame, but it is still a bear-bullish candle.
I decided to use an app to analyse the trend's lows and highs with a stochastic indicator. The results indicate a possible upward movement nearing the highs of 93028, with a potential retracement down to between 83756 and 90959.
So, is it possible to have AI assist you with a trade setup? Maybe not.
Happy Trading,
K.
Not a trading advise.
The price of BTC is unclear; a bearish candle appeared on the daily time frame, but it is still a bear-bullish candle.
I decided to use an app to analyse the trend's lows and highs with a stochastic indicator. The results indicate a possible upward movement nearing the highs of 93028, with a potential retracement down to between 83756 and 90959.
So, is it possible to have AI assist you with a trade setup? Maybe not.
Happy Trading,
K.
Not a trading advise.
Trade closed: target reached
The ideal target is reached, and the concept is tried, which was to see if AI can assist with TA. Some AIs appear to be capable of assisting traders on their markups and setups, but traders will still need to possess knowledge of price action and price movements because markets are dynamic.
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