CONFUSED WHERE TO TAKJE TRADES ??
I am placing limit order for buy above -40600
for below 38480 if these area breaks its possible to gain some 200-300 pips in this trades
BUY STOP @ 40600
SL @40000
TP @40800 ( 200 PIPS )
SELL STOP @38480
SL @40000
TP @38000 (480 PIPS)
Broke out structure seems bullish momentum fade away. price may consolidate in between for for sometimes and then drop below 5k and 4k will be next.
Reasons:
1. Price broke out structure
2. 7k to 6k There's a consolidation momentum from bullish bias.
3. Swing short is on.
Hi guys, we can see a possible triangle pattern forming up on 4 hr chart. Expecting price to fall eventually. 6200-6500 area may act as a local bottom before Christmas relief rally. Thanks and please share your opinion.
Buy now & Buy Limit!
take the long view,
Bitcoin will continue to rise.
So, as the chart show,
Keep Long !
Follow me !
Show U The Money !
------------------------------------------ -2019.05.15 in
BTC increases accelerate in the channel,
There's a high probability of hitting 6000 in the short term,
After reaching the first target,
it is recommended to close the position,,
Consider going Long again in the low post.
(1)Buy Limit 5555
(2)Buy Limit 5330
TP1 6000
TP2 6500
Follow Me!
Make More Money!
---------------------------------------------Ronnie 2019.05.05 in
This is an update to recent BTC analysis.
At 4-hour timeframe we can see that the price went out of the local descending channel via impulse growth waves. Subsequent corrective Elliott ABC movements brought the price at the upper edge of the channel.
If we take a closer look it can be seen that there are several positive signs:
1. Stoch RSI moves to Oversold...
