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Possible positive reversal in BTC
BTCUSD Perpetual Contract
Long
Possible positive reversal in BTC
By suman6saha
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Updated
Oct 11, 2022
4
Oct 8, 2022
Bitcoin Positive reversal
H4 BTC bullish RSI - 80-40
Positive reversal - Price higher-RSI lower
A possible trade at 19500
Stop loss - 1 range below Signal bar - 19456
Target : 20400+(19500-19100)=20800
R:R - 3.5:1
Oct 9, 2022
Comment
Market now moved above Tanken Sen H4.
Oct 11, 2022
Comment
Market moved downside. The setup failed.
It was a countertrend idea.
BTCUSD
Technical Indicators
Relative Strength Index (RSI)
Trend Analysis
suman6saha
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