Entry @ orange line + orange flag
Target $44500 take profit
Stop Loss $40100
Bullish short term
Using Pionex grid bot - fully automated and ability to leverage up to 5x
The reason I took this trade is because Bitcoin has bounced off the rising lower support level on smaller timeframe (white dotted line ascending) which means we are close to a pivot point. I expect at least 1 price action fakeout either to the upside or downside. This time I am guessing that BTC will increase to $41500 and flip as support, and then rise to $45 before the Big Short to $30k.
Target $44500 take profit
Stop Loss $40100
Bullish short term
Using Pionex grid bot - fully automated and ability to leverage up to 5x
The reason I took this trade is because Bitcoin has bounced off the rising lower support level on smaller timeframe (white dotted line ascending) which means we are close to a pivot point. I expect at least 1 price action fakeout either to the upside or downside. This time I am guessing that BTC will increase to $41500 and flip as support, and then rise to $45 before the Big Short to $30k.
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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.