Long BTC: Confluence at 4H Support
Updated
As shown in the chart, BTC has a confluence at 4H support. You may long now with the stop-loss and profit targets mentioned on the chart or otherwise wait for a potential re-test.
This is not a financial advice, just an idea based on amateur technical analysis of the crypto market. Invest at your risk.
Goodluck!
This is not a financial advice, just an idea based on amateur technical analysis of the crypto market. Invest at your risk.
Goodluck!
Trade closed: stop reached
Although the trade reached stoploss mainly because the stoploss point was very close, the analysis proved to be right. It did hit all the targets as mentioned on the chart.
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