Reasons on the chart
Note
Sell signal is closed with profit.Buy signal is triggered.
The stop loss is a bit tricky. you may use a larger one.
We also expect bitcoine to go for higher prices, say around 9750$; For the analysis see this:
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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.