After experiencing a bearish force yesterday, that took the crypto to register new support at 8,914$ handle. The leading cryptocurrency was able to reclaim lost grounds and close within the rising channel formation.
Today trading above the closing level and expecting the price to close above the EMA clearing the path towards the long-expected 11,000$ level allows jumping in with a long setup
The order:
Type: buy-stop (above the EMA)
S/L: 703 pips - R:R | 1:2 -
T/P: aiming at the resistance level from the Fibonacci extension tool
Today trading above the closing level and expecting the price to close above the EMA clearing the path towards the long-expected 11,000$ level allows jumping in with a long setup
The order:
Type: buy-stop (above the EMA)
S/L: 703 pips - R:R | 1:2 -
T/P: aiming at the resistance level from the Fibonacci extension tool
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
facebook.com/ogfxtrader
INSTAGRAM:
instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
twitter.com/ogfxtrader
facebook.com/ogfxtrader
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.