Hey Traders,
It look likes that Bitcoin has completed its first impulse up. Break of 8H 50 EMA means that the correction has started. Expecting this correction to be completed around our buy zone.
LONG Setup:
- Wait for subwave 2 to be formed.
- Watch any rejection at the buy zone
- Stoploss: Below recent lows
- Targets: 73k,80k,90k, and 100k
Good Luck and Trade Safe.
It look likes that Bitcoin has completed its first impulse up. Break of 8H 50 EMA means that the correction has started. Expecting this correction to be completed around our buy zone.
LONG Setup:
- Wait for subwave 2 to be formed.
- Watch any rejection at the buy zone
- Stoploss: Below recent lows
- Targets: 73k,80k,90k, and 100k
Good Luck and Trade Safe.
Related publications
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.
Related publications
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.