Bitcoin, two of the best scenarios with good risk to reward!
Updated
Yesterday, during a false breakdown of the $43,600 level, we opened a trade. Our risk to reward was 1/4. But the price did not reach our take and we closed the trade to breakeven.
Looking more globally, the price is in a big value area. The important levels are the upper and lower boundaries of this area.
Now we want to show you two best buy scenarios.
The first scenario is if the price returns to the $45,500 level, squeezing and breakout might be a good buying opportunity.
The second scenario - a false break of the $42,600 level and the appearance of big volume at the bottom would also be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Looking more globally, the price is in a big value area. The important levels are the upper and lower boundaries of this area.
Now we want to show you two best buy scenarios.
The first scenario is if the price returns to the $45,500 level, squeezing and breakout might be a good buying opportunity.
The second scenario - a false break of the $42,600 level and the appearance of big volume at the bottom would also be a good buying opportunity.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
Note
Get access to the private club with VIP signals
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vip_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
Related publications
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.