BitcoinShort
BTCUSD MARKET CONDITIONS 1D vs 1H chart
BTCUSD currently on a correction has overbought indicators on the 1D chart. From this perspective for a swingtrader with no FOMO this is a short signal.
On the 1H chart, the pattern signals possible entry level over 10150. For a daytrader, you could profit short-term close to 17% in 4 days.
If you combine this two setups, you have a short signal with a R/R of 5 and a profit in BTC of 27% in 11 days. And if this setup fails, you would end up with 12% profit instead of 17%.
This signal is live NOW.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
On the 1H chart, the pattern signals possible entry level over 10150. For a daytrader, you could profit short-term close to 17% in 4 days.
If you combine this two setups, you have a short signal with a R/R of 5 and a profit in BTC of 27% in 11 days. And if this setup fails, you would end up with 12% profit instead of 17%.
This signal is live NOW.
WNZ
Get live updates and analysis of the cryptocurrency market: t.me/ZeddmoTrading
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.