Trades
BTC BEARISH 1H ORDER BOCKHey traders,
BTC has been moving down ever since a bearish orderblock was formed earlier today. price has tried to go back to that level, but rejected the orderblock and gave us some nice bearish conformation. I see price potential going much lower, maybe to around 30k (follow for updates).
If you found the analysis helpful follow and like, and as always happy trading!
The best types of trades you can take!Hey all!
In this video we go over the best types of trades you can take and explain why when technical analysis is connected to momentum and/or fundamental analysis you can make big returns relatively easy...
Easy meaning you follow your process/system not dive deep into FOMO land!
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Related to this video is a chart of XAGUSD which we are long on since the early London trading session
[BTCUSDLong] 8 June, 2021 - Roger V Trading Ideas08/06/2021
BTCUSD
Entry Support level idea:
Range 31580 to 33515.00 Support
TP Resistance level idea:
38920.00 (If breaks, potential going to the next resistance.)
44855.00 (Final resistance aim)
Final SL for all Long positions:
28540.00 Support Level
Comments:
RVTA trading ideas on BTCUSD, the momentum of the trend is giving a signal of 31580 to 33515 support level in the next 1-3 months. If the support level was to get supported here, a potential of going in a bullish trend for a short while to 38920 and by the time it reaches here and did not show any strong momentum signal of its bearish candlesticks in the weekly chart. A potential of going further up to its resistance level near 44860.00.
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(Note: The forecast above is an estimation of the resistance/ support level for the entry, TP, and SL. For more precise positions will depend on the shape formed with the candlestick at the time.)
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