Bitcoin: Analysis & Trade Idea
Updated
Price seems to be displaying a change of character, shifting from bearish to bullish momentum. This presents an opportunity to take a short term long position. Waiting for a confirmation entry is key here.
Allow me to show you how I do it.
Allow me to show you how I do it.
Note
Moving in the right direction!Do not forget to pay yourself. Partials are important. It has reached up to 4R, so at the very least, remove your initial risk, and/or,move SL to BE. Just a suggestion.
Note
As price hit that bearish breaker , would have been a good time to take a healthy partial. This has potential to reverse, and bring price back to the entry.
Reached up to 6.5%R. Great trade, for those that followed the idea.
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