#BTCUSD @56.7 - No trade zone but watch out for 53.7k and 63.8k
On daily charts BTCUSD @ 56.7K is in a no-trade zone.
Below 53.7k - short opportunity
Sell @ 53.7k , SL - 56k , Tgt - 49.3k
Risk Reward : 1: 1.6
Abv 53.7k - Buy opportunity
Buy @ 61k , SL - 58.6k , Tgt - 65.6k
Risk Reward : 1: 1.8
Below 53.7k - short opportunity
Sell @ 53.7k , SL - 56k , Tgt - 49.3k
Risk Reward : 1: 1.6
Abv 53.7k - Buy opportunity
Buy @ 61k , SL - 58.6k , Tgt - 65.6k
Risk Reward : 1: 1.8
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.