Currently the majority are sitting in Usdt or Fiat unsure of where to enter with this high volatility, here's what i think is next for Btc!
If you are not in my discord channel here's my last 2 calls on Btc:
- Short from 7 180, take profits around 6 680 & 6 480 (Completed); - Long from 6 480, take profits around 7 150 & 7 400 (Tp1 hit);
1. The Bull Flag breakout
We are currently breaking out from the Bull flag i have been watching over the last 2 - 3 days, this means that the trend is now switching to bullish once again on the 4h timeframe.
We can also see that many indicators like Macd & Rsi have flipped bullish, it should give the fuel to Btc to continue is rise here.
2. So now what's next?
Here's my personal trade idea:
Risk:5%, Leverage: x10 - x25, Medium Risks
Long: 6 935 - 6 955 (You can add a extra order around 6 850) Sl: 6 810 Tp1: 7 150 Tp2: 7 270 Tp3: 7 300
If you want to follow our play, feel free to click on the link below!
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