BTC, great LONG after a false breakout!
Updated
Bitcoin buyers are now showing strength and the entire crypto market is actively growing.
After we hit the key level $42600 we did not see further growth. A short-term pullback is possible.
After the price reaches the key level of $40,000, many traders will take short positions on the breakout.They will be the fuel for the movement up and provide liquidity to buy.
We can take good long positions with a short stop-loss and excellent risk to the reward(RR).
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
After we hit the key level $42600 we did not see further growth. A short-term pullback is possible.
After the price reaches the key level of $40,000, many traders will take short positions on the breakout.They will be the fuel for the movement up and provide liquidity to buy.
We can take good long positions with a short stop-loss and excellent risk to the reward(RR).
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Note
Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
Related publications
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.