In my previous analysis, I mentioned that BTC price action on the daily timeframe showed the possibility of reclaiming $60,000 to maintain a bullish outlook for the upcoming months, especially with Q4 and the election coming up.
Now that we have reclaimed this important area and maintained a bullish view on the higher timeframes, it's a good opportunity to enter the trade on the retest of structure. I'm looking to enter BTC around $60,000-$61,000 very soon.
https://www.tradingview.com/chart/BTCUSDT/8MjlbtRT-BTC-USDT-Outlook-Up-Only-from-Here-or-Is-More-Patience-Needed/
Now that we have reclaimed this important area and maintained a bullish view on the higher timeframes, it's a good opportunity to enter the trade on the retest of structure. I'm looking to enter BTC around $60,000-$61,000 very soon.
https://www.tradingview.com/chart/BTCUSDT/8MjlbtRT-BTC-USDT-Outlook-Up-Only-from-Here-or-Is-More-Patience-Needed/
Trade active
Entered at $61,000Trade closed manually
Closed at break-even. Will look for a better entry.Note
I forgot to announce it here, but we closed this trade earlier today.
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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.
Join my VIP group: t.me/CryptoOverseerX Special price for the first 10 members. Money-back guarantee if no profit in 3 months! For more, visit overseer-x.com/. Free group: t.me/CryptoOverseerXFree
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.