If BTC bottomed out
Updated
This trade is simple with good R/R
Long around 8500$ or less if you can get it.
Stop loss around last bottom or 7500$
Target to 12k at least
Target based on the Bullish divergence in the RSI and the bearish trendline since the top.
Please beware: bitcoin could resume dumps this is just a trade targeting the bearish trendline residing at 12k, above this trendline and we are bullish.
Long around 8500$ or less if you can get it.
Stop loss around last bottom or 7500$
Target to 12k at least
Target based on the Bullish divergence in the RSI and the bearish trendline since the top.
Please beware: bitcoin could resume dumps this is just a trade targeting the bearish trendline residing at 12k, above this trendline and we are bullish.
Trade closed: stop reached
Looks like we could bottomed out at the next bounce area...Comment
Bottom got extended to the other buy area, but it was rejected..so buying this prices is good.Trade active
We could be about to break 9k and continue to 12k as explained above.Trade closed: target reached
If you followed this trade and bought below 7k It's good to take profit at these levels
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