BTC Update:
BTC followed the expected trend. It didn't manage to hold at $64.4k and dropped down toward the $60k support. The price of BTC went as low as $59,850, with a daily closing at $60,698.
BTC must hold this $60k support and rebound. I will close my futures long position on BTC if the daily close falls below $60k. If the daily close happens below $60k, I will re-analyze the chart and update it accordingly.
For now, this is the trade setup:
~ Entry: $60k to CMP.
~ SL: A close below $60k.
~ Leverage: 5x to 10x.
~ Target: $62.5k, $64.7k, $67.3k, $69.05k.
Note: Trade at your risk. Not financial advice.
Trade safely,
Regards,
Team Dexter.
BTC followed the expected trend. It didn't manage to hold at $64.4k and dropped down toward the $60k support. The price of BTC went as low as $59,850, with a daily closing at $60,698.
BTC must hold this $60k support and rebound. I will close my futures long position on BTC if the daily close falls below $60k. If the daily close happens below $60k, I will re-analyze the chart and update it accordingly.
For now, this is the trade setup:
~ Entry: $60k to CMP.
~ SL: A close below $60k.
~ Leverage: 5x to 10x.
~ Target: $62.5k, $64.7k, $67.3k, $69.05k.
Note: Trade at your risk. Not financial advice.
Trade safely,
Regards,
Team Dexter.
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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.
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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.