Bitcoin
Actualizado

Bitcoin's Next Big Move: Long or Short? Key Levels to Watch

646
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
Nota
imagen
Nota
imagen
Nota
imagen
Nota
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.

imagen

imagen
Nota
I am long because of closing H4 & D bar above resistant levels
Nota
I set stop level to 58,300
Nota
I will close the long position and open short position now live price 59750

imagen
Nota
my stop level closing H4 above 60,200
Nota
imagen
Operación activa
I am long for BTC from live price 63,500

target level: 67,700

stop level: 58,700

imagen
Nota
imagen
Operación cerrada manualmente
I close long position on 64,200

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.