We are revising our entry / SL on the trade. We will add more if it touches 9780-9820 with SL changed to 9925.
We expect it may rise to 9820 levels before dropping down again.
If you are skeptical, may exit the trade and book marginal loss on the deal and re-enter if we see turnaround at 9800 levels.
Trade closed manually
Entry 2 - 9840 earlier today
Today's High - 9911 shy of our SL - 9925
BTC is showing strong support around 9400-9600 region while strong resistance around the 9800-9900 mark. BTC is trying hard to make an attempt on crossing 10k.
Anyone skeptical can exit the position right now with marginal profit considering the avg entry price would be around 9700/9720.
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.
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.