A prime long trade opportunity has been identified on the BTC/USD pair, leveraging a robust signal from our proprietary technical indicator based on the RSI with a period of 200. The RSI 200 has successfully formed a break of structure above the 50 line, signaling a perfect long entry point.
Entry Signal
The RSI 200 indicator, which smooths out market noise and provides reliable signals, has recently shown a break of structure above the 50 line. This break indicates a shift in market momentum from bearish to bullish, providing a strong entry signal for a long position.
Trade Details
Entry Point: Current market price (71,190)
Stop Loss (SL): Placed at the last swing low to minimize risk
Target: Set at the 50% Fibonacci extension level from the recent significant low to high swing
Notes:
This Swing trade is potentially the last LONG opportunity before dumping deep to continue the BEARISH SENTIMENT OF THE MARKET.
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.
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.