looking at fib extension levels on a daily timeframe for price targets. $0.28 $0.39 $0.56
Hello friends, the price of Bitcoin (BTCUSD) is supported by the MA 50 on the daily & intraday charts. As you can see on the right chart (1H timeframe), the price broke the resistance line (highlighted in orange) and is now aiming for a higher high. We place our order accordingly, with a Stop-Loss slightly below the previous low and our target located slightly...
Hey there, I will say, that compared to so many on this platform, I won´t dive into all these technical indicators this time and will keep it very simple, yet so much more exciting. So we have been consolidating between 6000 and 8000$ for a few weeks now and had mostly sideways price action. On this chart you see trend-based fibonacci extension using the past...
* Above Ichi and EMA * Highlight signal candle * Entry on ATR above it (long entry) * Stop on prev candle's close, still inside the signal candle's body Thoughts on how you'd set this up? Thanks