Ok, we've got our weekly close above the $30k which was much needed.
Hello guys,
Here's a 4hrs BTC chart and a trade setup.
In my weekly chart, I mentioned that BTC should not fall below the 50 D MA ($30k) and it happened. We are still above the 50 D MA which is good and I believe we can enter the market with a tight stop loss. As you can see in the chart, BTC broke above the trendline and looks like it is getting ready to rally towards an uptrend.
You can enter at $33559 to $34699.
Stop Loss: $31840
Target 1: $37058
Target 2: $40361
Target 3: $43996
Note: I am entering this trade according to my TA and understanding so if you are entering along with me then do put tight SL.
Trade safe.
Hello guys,
Here's a 4hrs BTC chart and a trade setup.
In my weekly chart, I mentioned that BTC should not fall below the 50 D MA ($30k) and it happened. We are still above the 50 D MA which is good and I believe we can enter the market with a tight stop loss. As you can see in the chart, BTC broke above the trendline and looks like it is getting ready to rally towards an uptrend.
You can enter at $33559 to $34699.
Stop Loss: $31840
Target 1: $37058
Target 2: $40361
Target 3: $43996
Note: I am entering this trade according to my TA and understanding so if you are entering along with me then do put tight SL.
Trade safe.
Trade closed: target reached:
All targets acheived.