BUY: 5.79 – 6.12
TARGETS:
1) 10
STOP: 4h candle close below 4.9
Rationale:
-Price is moving upwards in a channel and broken through a key level (in blue).
-Price has touched the top of the channel multiple times and is showing strength to break through.
-As long as price remains above the key level we are bullish.
-Expect a small retracement back to the buy zone before bouncing up.
-If bitcoin dumps I would suggest cutting this position early and waiting for the market to stabilize before entering again.
Your risk, your reward. This is not financial advice.
Happy trading.
TARGETS:
1) 10
STOP: 4h candle close below 4.9
Rationale:
-Price is moving upwards in a channel and broken through a key level (in blue).
-Price has touched the top of the channel multiple times and is showing strength to break through.
-As long as price remains above the key level we are bullish.
-Expect a small retracement back to the buy zone before bouncing up.
-If bitcoin dumps I would suggest cutting this position early and waiting for the market to stabilize before entering again.
Your risk, your reward. This is not financial advice.
Happy trading.
Trade ativo
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.