[BTCUSDLong] 8 June, 2021 - Roger V Trading Ideas
Updated
08/06/2021
BTCUSD [Buy/ Long]
Entry Support level idea:
Range 31580 to 33515.00 Support
TP Resistance level idea:
38920.00 (If breaks, potential going to the next resistance.)
44855.00 (Final resistance aim)
Final SL for all Long positions:
28540.00 Support Level
Comments:
RVTA trading ideas on BTCUSD, the momentum of the trend is giving a signal of 31580 to 33515 support level in the next 1-3 months. If the support level was to get supported here, a potential of going in a bullish trend for a short while to 38920 and by the time it reaches here and did not show any strong momentum signal of its bearish candlesticks in the weekly chart. A potential of going further up to its resistance level near 44860.00.
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(Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.)
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Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
BTCUSD [Buy/ Long]
Entry Support level idea:
Range 31580 to 33515.00 Support
TP Resistance level idea:
38920.00 (If breaks, potential going to the next resistance.)
44855.00 (Final resistance aim)
Final SL for all Long positions:
28540.00 Support Level
Comments:
RVTA trading ideas on BTCUSD, the momentum of the trend is giving a signal of 31580 to 33515 support level in the next 1-3 months. If the support level was to get supported here, a potential of going in a bullish trend for a short while to 38920 and by the time it reaches here and did not show any strong momentum signal of its bearish candlesticks in the weekly chart. A potential of going further up to its resistance level near 44860.00.
--------------------
(Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.)
--------------------
Disclaimer: ALuoTradingJournal does not provide any personal advice or general advice. This is only a journal to keep ALuo in noting the trades and what the market is going on as a trading journal. ALuo will not take any responsibility for any profits or losses. Please trade at your own risk.
Comment
Resisted at 38500 - It will be a another retracement happening to test its support before its next blast or hit the SL!Trade closed: target reached
Safe Target met-38920.00-Currently showing resistance, risk reward, not worth trying out for 44855
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