BTCUSD - Bounce from support
Hello my dear friends,
We saw how Bitcoin bounced back sharply from the latest support level and accumulated bullish momentum which we expect to continue until higher resistance levels before distributing the bullish momentum again.
We will take this trade and protect it with both, the trendline AND the support level, so in case the market break below this trendline, we will look at the current market condition before going out!!
Buy market @ 9617
Stop-loss @ 9036.4
Target 1 : 10565.3 -- R/R: 1.63
We saw how Bitcoin bounced back sharply from the latest support level and accumulated bullish momentum which we expect to continue until higher resistance levels before distributing the bullish momentum again.
We will take this trade and protect it with both, the trendline AND the support level, so in case the market break below this trendline, we will look at the current market condition before going out!!
Buy market @ 9617
Stop-loss @ 9036.4
Target 1 : 10565.3 -- R/R: 1.63
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