BitcoinLong
Another Long Trade Opportunity on BTCUSD
After a great rally over the last 2 months, the bitcoin retraced back to the $800 - $900 area
It now displays the same pattern as when it retraced back to $600, just before the rally to $1100
Accordingly, we can make the same Long trade with tight Stop Loss under the current support
Here is my plan:
Trading Plan to Buy:
Entry price: Around 900$
Stop Loss: We exit if the price goes under 850$.
Take profit: Over the High around 1260$ or higher based on your own conviction.
Risk/Reward Short: 50$ / 360$
Good Luck!
Disclaimer : I am Long Bitcoin/USD
Trade BTC/USD with 1:20 leverage with MT4
It now displays the same pattern as when it retraced back to $600, just before the rally to $1100
Accordingly, we can make the same Long trade with tight Stop Loss under the current support
Here is my plan:
Trading Plan to Buy:
Entry price: Around 900$
Stop Loss: We exit if the price goes under 850$.
Take profit: Over the High around 1260$ or higher based on your own conviction.
Risk/Reward Short: 50$ / 360$
Good Luck!
Disclaimer : I am Long Bitcoin/USD
Trade BTC/USD with 1:20 leverage with MT4
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.
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.