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CrystalBot
Apr 3, 2020 1:59 AM

Bitcoin | Buy and Sell Zones Long

Description

Good morning!

Bitcoin consolidated in the Failure Zone between 6.5k to 6.6k and then closed above it twice. The last close was a bullish bounce from the 4H Pivot 2 B.
As long as we're keeping above Pivot 2 and maintaining the range within this channel, we're likely to move towards the Daily Failure Zone.

Breaking Pivot 1 would be bearish.

For swing trades, buy zone is at the Pivot 2B and 2C and take profits at 7.5k, 7.7k and 7.9k. For day trading, buy between 6.6k to 6.9k would still be a decent 2R Trade.

Don't forget to DYOR and plan your trades. This is not financial advice.

If you like this idea, don't forget to hit LIKE!

Good luck,
Crystal :)

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