Bitcoin Hammers ceremony in 4H
Updated
Hi friends.
I see about 4 hammers on a strength Trendline and i think price
will go to the upper band i have shown on my chart.
If the price surpass this 24000 resistance level
after a pullback to this level , we will see a huge increase in BTC in coming days.
Dont forget we are in a 4H time frame and this trendline is very important.
In addition this hammers shape in an important support level (22500) too.
after price reach this path i draw in my chart we should look it again to update our
analysis.
so if you enter a trade dont forget to set your SL below this support level and choose the upper
line for your TP.(I show it on my chart and its R/R is 2.6 its good i think! )
Hope you enjoy this analysis.
share me your opinion
I will be happy.
Thanks for reading my idea
Love you all
I see about 4 hammers on a strength Trendline and i think price
will go to the upper band i have shown on my chart.
If the price surpass this 24000 resistance level
after a pullback to this level , we will see a huge increase in BTC in coming days.
Dont forget we are in a 4H time frame and this trendline is very important.
In addition this hammers shape in an important support level (22500) too.
after price reach this path i draw in my chart we should look it again to update our
analysis.
so if you enter a trade dont forget to set your SL below this support level and choose the upper
line for your TP.(I show it on my chart and its R/R is 2.6 its good i think! )
Hope you enjoy this analysis.
share me your opinion
I will be happy.
Thanks for reading my idea
Love you all
Trade active
DONT FORGET TO SET YOUR STOPLOSS ITS THE MOST IMPORTANT POINT OF TRADINGTrade closed: stop reached
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