Ticker: BTCUSD
Exchange: BINANCE
Signal: mid-term Long
Trading idea:
And so, the price in the downward movement
The prospective turn point (the start point of correction) is a strong support zone @ 7850 - 7720
The entry point from strong support gives many advantages
an excellent risk-earnings ratio,
an accurate entry into the position
The level of @ 7850 is visible to many market participants,
which gives reason to believe that if the trend reversal does not occur,
we will see a good rebound
When the price reaches the first target - move the stop to the point of a lossless
Entry point: 7850
Stop: 7680
Target1: 8180
Target2: 8730
Exchange: BINANCE
Signal: mid-term Long
Trading idea:
And so, the price in the downward movement
The prospective turn point (the start point of correction) is a strong support zone @ 7850 - 7720
The entry point from strong support gives many advantages
an excellent risk-earnings ratio,
an accurate entry into the position
The level of @ 7850 is visible to many market participants,
which gives reason to believe that if the trend reversal does not occur,
we will see a good rebound
When the price reaches the first target - move the stop to the point of a lossless
Entry point: 7850
Stop: 7680
Target1: 8180
Target2: 8730
Trade closed: stop reached
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.
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.