BTC did not able to close below lower range.
Reasons to open long:
Found support in uptrend tendency.
Found support in 0.5 fib.
Found support at RSI tendency.
Target: 10450 USD.
Stop losses: 10020 USD.
Reasons to open long:
Found support in uptrend tendency.
Found support in 0.5 fib.
Found support at RSI tendency.
Target: 10450 USD.
Stop losses: 10020 USD.
Trade closed manually
Taking profit at 10380 USDNote
Now, I prefer to wait the daily close after taking any positionNote
Seems that 10300 USD is still resistanceNote
10300 USD, 0.382 fib levelNote
Bigger simetrical triangle than the previous.Openned a Little short from the top to the botton (target), tight stop losses.
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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.