Bullish Reversal after the Bearish in the GOLDEN CROSS?
In the past few days we see a downward movement of BTC Price.
From 10000$+ down below the Support level of 9K$ Area down to 8500$ this happens after the GOLDEN CROSS in the 18th of February, 2020.
Are we looking for the Reversal?
I as a Bitcoin lover I always go for LONG in Trades with BTC.
If Price Actions closed above EMA200 and Ichimoku cloud standing as Support Level.
We are looking for an upward movement to Break 9k$ Resistance Key Level to see clearly a Bullish Reversal, confirming to go more upward.
But if not... Price will go lower down to 8k$ Zone.
If you go LONG
TP1: 9500$
TP2: 10500$
TP3: 11500$
If you go Short
TP1: 8000$
TP2: 6500$
TP3: 5000$
Remember:
1. Trade with a Plan
2. DYOR
3. Make your own Analysis
4. Do Make Capital Control Management - do not put all your capital
5. Have a Risk Control Management - set STOP LOSS during Trades minimizing your losses
6. Trade Wisely & Emotionless
SET CAPITAL MANAGEMENT @ 10-20% OF THE CAPITAL ONLY
STOP LOSS @ 30 - 50% losses
Put TRAILING STOP and adjust from time to time to secure gains.
This is my TA if you support and want to use it on Trade kindly have you own research first.
Thanks for reading.
GOD BLESS!
#BITCOINORAGONCOACH
PS: Kindly hit LIKE if you support and agree with my idea it's a form of thanks to me, encouraging me to have more TA and do more well in the next.
For more updates and TA kindly FOLLOW my TRADINGVIEW Account.
From 10000$+ down below the Support level of 9K$ Area down to 8500$ this happens after the GOLDEN CROSS in the 18th of February, 2020.
Are we looking for the Reversal?
I as a Bitcoin lover I always go for LONG in Trades with BTC.
If Price Actions closed above EMA200 and Ichimoku cloud standing as Support Level.
We are looking for an upward movement to Break 9k$ Resistance Key Level to see clearly a Bullish Reversal, confirming to go more upward.
But if not... Price will go lower down to 8k$ Zone.
If you go LONG
TP1: 9500$
TP2: 10500$
TP3: 11500$
If you go Short
TP1: 8000$
TP2: 6500$
TP3: 5000$
Remember:
1. Trade with a Plan
2. DYOR
3. Make your own Analysis
4. Do Make Capital Control Management - do not put all your capital
5. Have a Risk Control Management - set STOP LOSS during Trades minimizing your losses
6. Trade Wisely & Emotionless
SET CAPITAL MANAGEMENT @ 10-20% OF THE CAPITAL ONLY
STOP LOSS @ 30 - 50% losses
Put TRAILING STOP and adjust from time to time to secure gains.
This is my TA if you support and want to use it on Trade kindly have you own research first.
Thanks for reading.
GOD BLESS!
#BITCOINORAGONCOACH
PS: Kindly hit LIKE if you support and agree with my idea it's a form of thanks to me, encouraging me to have more TA and do more well in the next.
For more updates and TA kindly FOLLOW my TRADINGVIEW Account.
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