$BTC LONG TRADE IDEA
Bitcoin Market Breakdown - June 23rd, 2020
As always please do your own research, I am not a financial advisor.
- The two scenarios I have in play from my previous BTC post are still valid, but the latter doesn't seem so likely anymore.
- Although we've seen two 1st touches of trying to breakout of this downtrend, i'm thinking the price could still go up.
- If you draw this chart out on a smaller timeframe you can find a bullish pennant & make your decision up or down from there.
- I'm looking at the 4H, because I like working with more data. Now these next few days or even next few candles are very crucial and will decide if Bitcoin breaks out above $9950 or not.
- I entered at $9600 with tight SL at $9550 so i'm covered either way if the price dips back down. I lose $50 but et a pretty sweet entry price around $9188
- 1st TP set at $9950
As always please do your own research, I am not a financial advisor.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.