Long
Short term: PPT Long with possibilities of retracement
My idea about short term PPT/BTC long has been achieved if scroll below. Now i'm looking for the next trade on this one, since the longer term is also giving a quite tempting percentage.
After a spike to 64k close to 65k, now PPT seems like looking for short term RSI cool down. I'm seeking this level around 60k - 61k and looking for a bounce around 68k - 70k. Giving as more upward than down ward with 1:10 - 1:5 ratio. As i believe that the price action is above kijun and kumo ichimoku cloud plus SMMA line. Which in my opinion giving strong signal for more upward.
After a spike to 64k close to 65k, now PPT seems like looking for short term RSI cool down. I'm seeking this level around 60k - 61k and looking for a bounce around 68k - 70k. Giving as more upward than down ward with 1:10 - 1:5 ratio. As i believe that the price action is above kijun and kumo ichimoku cloud plus SMMA line. Which in my opinion giving strong signal for more upward.
Trade closed: stop reached
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.