Bitcoin make a huge correction today but is about to fail breaking the 0.5 (11415) and 0.618 (13418) Fibo levels on Daily chart.
Entry point:
open a buy trade in case of current 1D candle failed to broke 13418 and closed above it
Stoploss:
1D closed candle under 11415
Targets:
16270
17200
19900
24520
Good Luck
Entry point:
open a buy trade in case of current 1D candle failed to broke 13418 and closed above it
Stoploss:
1D closed candle under 11415
Targets:
16270
17200
19900
24520
Good Luck
Trade active
Note
Double bottom supported our Trade
in case of break of upper line of the pattern
the first two targets will be acheived fast
Trade closed: target reached
target @ 16270 reachedNote
the downtrend was broken
waiting our targets
Trade active
after reaching first 2 targetsNow BTC is at strong point
Golden chance to open the trade again with the same stop loss and targets
Stoploss:
1D closed candle under 11415
Targets:
16270
17200
19900
24520
Good luck
Note
Very low Risk trade
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.
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.