JRuiz000

LONG BTC/USD TRIANGLE BREAK. *LIKE IF YOU AGREE*

JRuiz000 업데이트됨   
BITFINEX:BTCUSD   비트코인
BTC/USC Will certainly test $8500 key support area which may provide an early entry for riskier trades. However, the price can also breakthrough leading to a continuation into lower 7k areas. This is why I'm buying once and if price tests $8500 support, reacts to it, and closes 4H above the descending triangle (lower highs). The strategy also allows for a tight stop and three targets at the following key resistances.

Target 1: $9300 (+6%)
Target 2: $10,000 (+12%)
Target 3: $10,500 (+20%)

Additionally, past divergence can be seen on the 4H RSI without a strong reaction following. As price closes near $8500 new divergence will form, supporting the previous part of the analysis.

*LIKE AND SHARE IF YOU AGREE*
거래청산: 타겟 닿음:
Target 1: $9300 (+6%) REACHED.
The price hovers around $9500 and soon will make another upward movement reaching target 2.

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