Binance: BTCUSDT 1H timeframe
I think that BTC creating Flag pattern.MACD in positive trend. If he touch 7000 (it is psychological number), I think that he will bounced up.
7147 will be the breakout price, but RSI can be overbuy around 70, so I will not risk more.
Buy at 7000 sell at 7174 with 2.48% profit.
Remember, u don't wanna be greedy. :) Every profit is a good profit!
I think that BTC creating Flag pattern.MACD in positive trend. If he touch 7000 (it is psychological number), I think that he will bounced up.
7147 will be the breakout price, but RSI can be overbuy around 70, so I will not risk more.
Buy at 7000 sell at 7174 with 2.48% profit.
Remember, u don't wanna be greedy. :) Every profit is a good profit!
Trade closed: target reached
It is not forming Flags as I want, but we reached target. If u are still in this trade, my recommendation is to sell, because as u can see RSI is overbought, we have MACD cross for downside, and also we touched for three times 200 EMA and had some pullbacks. If u exit now, u will have nice profit around 4.9%.
See ya to our next trade! :)
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.