Bitcoin is at a vital price point.
44k appears to be a major resistance but there has been a breakout in the hourly time frame. So there would be wild price move either on upside or downside. BTC /USDT has to either breakout of 45k and close to rally further or breakdown and fakeout. Either one has to happen in the near future (In a few hours). So be ready to catch the wild move.
Long on close above 45350
Short on close below 43400
Risk Reward Ratio 1:2 or 1:3
Check out my related trade idea for previous breakout.
DYOR Before Trading/Investing. Not Responsible for P&L.
44k appears to be a major resistance but there has been a breakout in the hourly time frame. So there would be wild price move either on upside or downside. BTC /USDT has to either breakout of 45k and close to rally further or breakdown and fakeout. Either one has to happen in the near future (In a few hours). So be ready to catch the wild move.
Long on close above 45350
Short on close below 43400
Risk Reward Ratio 1:2 or 1:3
Check out my related trade idea for previous breakout.
DYOR Before Trading/Investing. Not Responsible for P&L.