BTC/USDT (LONG POSITION) with ANALYSIS

Entry :
$34700

Stop Loss:
$33300

Take Profit:
$38000

Risk:Reward 1:2

Leverage: 5x


Analysis:

Everyone is expecting it to make a lower low on Daily Chart to create a perfect triple bottom bullish scenario. It did and today's daily close will be extremely important before expecting the next move.

Please remember that we are in a triangle range, longing here at the bottom at the range is the best thing to do for a good risk reward ratio. $38000 is just enough for the sellers to distribute more.

All The Best.
Bitcoin (Cryptocurrency)bitcoinusdChart PatternsCryptocurrencycryptotradingFundamental AnalysisTrend Analysis

Also on:

Disclaimer