Technical Analysis
Previous two candles had large wicks indicating the bears have lost momentum and the bulls are taking control. There is a great opportunity to get into a low risk long position for BTCUSD placing stops below recent lows, while take profits set modestly below the trend channel.
Entry: 9128
T/P: 9437
S/L 9028
Previous two candles had large wicks indicating the bears have lost momentum and the bulls are taking control. There is a great opportunity to get into a low risk long position for BTCUSD placing stops below recent lows, while take profits set modestly below the trend channel.
Entry: 9128
T/P: 9437
S/L 9028
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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.
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.