BTC/USD: Bitcoin it's above of the EMA 200
Updated
Bitcoin forming this symmetrical triangle of consolidation and maybe, the price it's ready to blow up.
Also, you can to get note that in this Daily timeframe, Bitcoin it's above of the EMA 200 and also make this retest in the support zone of this symmetric triangle where in the past was resistance. But bull are taking control now in the trend and Bitcoin it's ready to goes to up.
You can to put a long position in Bitcoin from this price and SL to $42,900 USD. Also, by Daily timeframe, I have calculated that Bitcoin will reach $57,000 USD and then, I use this measure in the base of this symetrical triangle to measure the projection of the price.
I'm bullish in Bitcoin!!! And to know the risk/benefit this will be 1:3. And this it's a good trade to note. Now, if you want to entry in this trade, preven to use all leverage and take in your eyes your risk in this trade. Because you will need to learn how to calculate the risk in this trade and how much money do you allow to loss in this trade?.
I hope that this idea support you!!!
Also, you can to get note that in this Daily timeframe, Bitcoin it's above of the EMA 200 and also make this retest in the support zone of this symmetric triangle where in the past was resistance. But bull are taking control now in the trend and Bitcoin it's ready to goes to up.
You can to put a long position in Bitcoin from this price and SL to $42,900 USD. Also, by Daily timeframe, I have calculated that Bitcoin will reach $57,000 USD and then, I use this measure in the base of this symetrical triangle to measure the projection of the price.
I'm bullish in Bitcoin!!! And to know the risk/benefit this will be 1:3. And this it's a good trade to note. Now, if you want to entry in this trade, preven to use all leverage and take in your eyes your risk in this trade. Because you will need to learn how to calculate the risk in this trade and how much money do you allow to loss in this trade?.
I hope that this idea support you!!!
Note
We're okay. Dont entry in panic.
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