BIT - New entry timing and Targets
BYBIT:BITUSDT
1H trend chart
-
BIT already hit our 1st TP from my last idea.
Congrats if you're following it.
-
You can hold the rest to until hitting other TPs and can move SL upper if you want.
Now, 1H trend is forming a potential cup and handle, and here is the buying timing, so I'm going to provide another strategy as below.
-
Profit Targets:
a) 1.693----Fib(1)
b) 1.704~1.709----Fib(1.272~1.382)
c) 1.719----Fib(1.618)
d) 1.735----Fib(2)
Stop losses:
a) 1.664----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
1H trend chart
-
BIT already hit our 1st TP from my last idea.
Congrats if you're following it.
-
You can hold the rest to until hitting other TPs and can move SL upper if you want.
Now, 1H trend is forming a potential cup and handle, and here is the buying timing, so I'm going to provide another strategy as below.
-
Profit Targets:
a) 1.693----Fib(1)
b) 1.704~1.709----Fib(1.272~1.382)
c) 1.719----Fib(1.618)
d) 1.735----Fib(2)
Stop losses:
a) 1.664----Red horizontal ray
-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!
Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!
🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)
Related publications
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.