As stated in my previous analysis, I do anticipate that the momentum will be bullish-biased. If the momentum does not retest the support zone at $56000, then the momentum might build up to the resistance zone at $69000
Let us now look into the 1-hour time frame and see where our entry point can be.
Let us now look into the 1-hour time frame and see where our entry point can be.
Note
It is active.Note
Time to move the SL just above the entry point.Note
Move the SL to 66000Trade closed: target reached
TP Hit!
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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.