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rakeshreddym
May 29, 2023 3:54 PM

Bitcoin long  Long

Bitcoin / U.S. dollarBitstamp

Description

Bitcoin long wait for price reach to 20 EMA then go long with positive price action .There is 20 and 200 ema crossover will happen that will be booster to price boom to upside.

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20 and 200 crossover happened

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As previously expected it did not sustain trading in range at support and demand zone

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Support got broken now trading below 26 k next proper support is 24 k

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Picked up with good volume lets see

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400 plus gain now

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Made high of 26200 500 points gain from entry

Trade active

Still in long 26200 sustains more 400 to 600 can acheive as of now 400 plus gain

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500 gain now

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700 points high it made from entry

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26400 tested Entry was 25688

Trade closed: stop reached

Atlast stoped out if any one would have in above to long could easily made good profits every dip it gave 300 to 400 points 3 times one stop p loss would be still profits eod.

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A intresting area one test to support if holds can long breaks then 20 k is next support area

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Stop out thought it would test the high of the big greeen candle to left that makes double top on micro trend and fall but it is weak and stopped me out

Trade closed: stop reached

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This time it worked knew there is support earlier my stop was little tighter on first trade thats how i trade if i lose ilose small and gain big will cover lossess easily

Trade closed: target reached

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Earlier post to jun 17th support held

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Support to resistance nice move

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Right at resistance previous supply zone carefull here

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Strugling at resistance might fall back from here

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1500 Points Achieved
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