BTC/USD LONG_ S/R
RESISTANCE LEVEL-8300
SUPPORT STRONG-7800
STOP LOSS-6200 AS THERE MIGHT BE A WICK OFF BEFORE TAKE OFF
BTC LONG BEFORE 9K GIVES YOU STRONG CONFIDENCE IN LONG RUN.
RSI USUALLY BOUNCES FROM 40 ABOVE IN BULL RUNS AND IF THAT IS CONFIRMED ON NEXT DAILY LEVEL, WE MAY EVEN TOUCH 10.4K.
THIS IS NOT FINANCIAL ADVICE.
SUPPORT STRONG-7800
STOP LOSS-6200 AS THERE MIGHT BE A WICK OFF BEFORE TAKE OFF
BTC LONG BEFORE 9K GIVES YOU STRONG CONFIDENCE IN LONG RUN.
RSI USUALLY BOUNCES FROM 40 ABOVE IN BULL RUNS AND IF THAT IS CONFIRMED ON NEXT DAILY LEVEL, WE MAY EVEN TOUCH 10.4K.
THIS IS NOT FINANCIAL ADVICE.
Note
monthly,weekly bullish engulfing..support for now is 7200
Trade closed: stop reached
Not a good analysis, 6k-8k still a good buy before next bull run.
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