There is a continuation chart pattern on 2h candlestick chart.
Expecting the price to grow further to the upside.
Beaer in mind that we are inside a rising wedge which usually breaks to the downside, so either we break above 9k with volume with a big green candle or we might have a fake breakout. Therefore an optimal buy would be the breakout of 9k with strong momentum and volume.
Remember to set your stop loss and don't use high leverage if you don't wanna get zeroed.
This is for educational purpose only, not a financial advice. Good luck.
Expecting the price to grow further to the upside.
Beaer in mind that we are inside a rising wedge which usually breaks to the downside, so either we break above 9k with volume with a big green candle or we might have a fake breakout. Therefore an optimal buy would be the breakout of 9k with strong momentum and volume.
Remember to set your stop loss and don't use high leverage if you don't wanna get zeroed.
This is for educational purpose only, not a financial advice. Good luck.
Comment:
Based* sorry for the typo lol
Trade active:
Moved stop loss at entry point, in case btc decides to fail. So far the price moved as expected
Trade closed: stop reached:
The move was weak and the trailing stop loss was hit. No gains no losses made.