Bitcoin about to breakout
업데이트됨
Bitcoin is currently consolidating on the 1 hour chart underneath a falling trend line. Normally, I'm not comfortable taking a short position as price can easily break above. However, with Bitcoin's weakness and failure to push into higher highs, shorts are favored.
We can see a few significant doji's are also starting to form. I love entering trades at the half-way point on the wick and placing stops above/below thh wick.
If we project a downside target from the consolidation zone, the profit target coincides with a 50% Fibonacci retracement at $6,170 level.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
We can see a few significant doji's are also starting to form. I love entering trades at the half-way point on the wick and placing stops above/below thh wick.
If we project a downside target from the consolidation zone, the profit target coincides with a 50% Fibonacci retracement at $6,170 level.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
액티브 트레이드
I've taken an aggressive short position at $6,356 with stops above$6,373. This is a small position. High risk but comes with high reward. Safer entry is a break of the lower trend line거래청산: 스탑 닿음
Massive volume to the upside!
관련 발행물
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.