🟢🟢🟢Long position on Bitcoin was initiated between the price range of 20600 and 21600 with TP: 22150 or 23000. The trade has a SL set at 20150 to limit potential losses. It remains to be seen whether the price of Bitcoin will rise to the target levels or fall to trigger the SL. SL: 20150 TP1: 22150 TP2: 23000 EN: 20600-21600 Happy trading guys! TraderB :)
Rejecting from the recent high 25179, BTC is yet to retest the key support level of 17600. When looking at a lower time frames, for sure BTCUSDT will resume its journey to the moon, initially to 22850. Thanks Guys, Will share you my next analysis after 22850.
Cognitive flexibility, required to shift one’s bias from bullish to bearish, long to short, and vice versa, based on market conditions, is extremely valuable as a trader. In previous publications, I mentioned that since the BTC price has been in a down trending environment for nearly 9 months we should assume that the current trading range (31 days and counting)...
Here we can see a shark pattern on daily timeframe , asset has now gained enough momentum to jump up to the R (marked on RSI) . That would be our first target witch could be about 52700 . After that if asset violates RSI resistance , 57500 and higher targets are available.
just wait and see what dose market decides to do remember 80% of trading is doing nothing and wait,
looking for long BTCUSD on the 4H, used FIB EXT to analyze this deal. good luck TP2 will be the 100% of fib ext TP1 will be the 61% of fib ext SL will be under the 0% of fib ext
I am seeing good scenario for $BTCUSDT Currently indicators are saying time to long for $BTCUSDT Thanks for your attention. You can ask everything I am waiting Please click like button and Appreciate my hard work. Must follow me for latest crypto real time updates.