Hello friends, the price of Bitcoin (BTCUSD) is supported by the MA 50 on the daily & intraday charts.
As you can see on the right chart (1H timeframe), the price broke the resistance line (highlighted in orange)
and is now aiming for a higher high.
We place our order accordingly, with a Stop-Loss slightly below the previous low and our target
located slightly above the previous high.
We are still in a strong uptrend and the recent decrease in price was definitely not a change in trend,
as mentioned in my previous idea.
Please let me know what you think about this trading idea, especially about trading Bitcoin
after this price surge. I would love to know!
Cheers,
Ares
As you can see on the right chart (1H timeframe), the price broke the resistance line (highlighted in orange)
and is now aiming for a higher high.
We place our order accordingly, with a Stop-Loss slightly below the previous low and our target
located slightly above the previous high.
We are still in a strong uptrend and the recent decrease in price was definitely not a change in trend,
as mentioned in my previous idea.
Please let me know what you think about this trading idea, especially about trading Bitcoin
after this price surge. I would love to know!
Cheers,
Ares
ملاحظة
The price re-tested the trendline, which would have been a better entry. Nontheless, everything goes as plannedأغلقت الصفقة: تم الوصول لوقف الخسارة
Stopped out! Correction incoming
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إخلاء المسؤولية
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منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.