Hi everyone,
I just open a long position on BTC with 3 targets shown on the chart. The target 3 is in the base of the big summer triangle and also will touch the daily 20EMA.
My main reason is that at least from now, BTC price has found support at 8100 USD. Big red wick in the “dump day” and tested as support in yesterday candel close.
This long will also allow to test the descending trend line in the daily RSI chart.
Targets and SL (just bellow yesterday´s low wick) shown in the chart.
Regards,
I just open a long position on BTC with 3 targets shown on the chart. The target 3 is in the base of the big summer triangle and also will touch the daily 20EMA.
My main reason is that at least from now, BTC price has found support at 8100 USD. Big red wick in the “dump day” and tested as support in yesterday candel close.
This long will also allow to test the descending trend line in the daily RSI chart.
Targets and SL (just bellow yesterday´s low wick) shown in the chart.
Regards,
Trade closed: stop reached:
Still in play,