Bitcoin has pullbacked to the 8000-8200 level and now offers a good long entry in this zone (8000-8200) with a target near 8600.
We also see a nice pinbar hinting that buyers are in control.
The stop loss should be placed just below 8000 near 7800-7900.
This offers a decent risk:reward of about 2:1
We also see a nice pinbar hinting that buyers are in control.
The stop loss should be placed just below 8000 near 7800-7900.
This offers a decent risk:reward of about 2:1
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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.