BTCUSD range trading 1h timeframe (NEW)
Updated
Bitcoins is about to retest resistance again. We expect that it will breakout this time. Targets are shown on the chart.
How to trade: enter long position only when/if it breaks out the resistance.
If it gets rejected you can buy at the support (red line) and place the stop loss.
How to trade: enter long position only when/if it breaks out the resistance.
If it gets rejected you can buy at the support (red line) and place the stop loss.
Trade active
Stop loss hasn't hit (it was close). The price has bounced from the support.Trade closed: stop reached
Stop loss reached.
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