Trade Type: Cross 3x/Spot
Direction: Sell
Entry: $62.5k - $63k
TP: $57.5k
SL:
64K
Time Chart: 4hr
Reasoning: BTC is looking like it will take a correction after a breakout to its recent ATHs. I have a feeling it could test the 200 EMA levels before pushing back up again.
Direction: Sell
Entry: $62.5k - $63k
TP: $57.5k
SL:
64KTime Chart: 4hr
Reasoning: BTC is looking like it will take a correction after a breakout to its recent ATHs. I have a feeling it could test the 200 EMA levels before pushing back up again.
Note
New TP levels:TP1: $61k (50 EMA)
TP2:
59K (100 EMA)TP3: $57.5k (200 EMA)
These reflect the different EMA levels the price could test before pushing back up.
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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.