Hello Traders,
Bitcoin has been moving within an uptrend channel for the past week, forming three continuous bottoms at 54,200, 55,000, and 56,600. This pattern suggests it has been gaining momentum for a significant move expected tomorrow or the day after.
Long Scenario: If Bitcoin succeeds in breaking and closing above 59,200, I will enter a long position targeting 62,200. My stop-loss will be set at a close below 56,600.
Short Scenario: If Bitcoin closes below 56,600, I will enter a short position targeting 51,500. The stop-loss will be set at the close of a 4-hour bar above 59,000.
Happy trading!
BTCUSD
Bitcoin has been moving within an uptrend channel for the past week, forming three continuous bottoms at 54,200, 55,000, and 56,600. This pattern suggests it has been gaining momentum for a significant move expected tomorrow or the day after.
Long Scenario: If Bitcoin succeeds in breaking and closing above 59,200, I will enter a long position targeting 62,200. My stop-loss will be set at a close below 56,600.
Short Scenario: If Bitcoin closes below 56,600, I will enter a short position targeting 51,500. The stop-loss will be set at the close of a 4-hour bar above 59,000.
Happy trading!
Nota
I am long because of closing H4 & D bar above resistant levelsNota
I set stop level to 58,300Nota
my stop level closing H4 above 60,200Operación cerrada manualmente
I close long position on 64,200Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
