Hello Team!
A quick analysis of the current Bitcoin structure. We can see we have had a strong bullish movement over the past few days. We will look for a candle close above the 46K resistance level to look for long positions to 48, 50, and possibly to 60K. As always we will close 50% at our first target, adding a stop loss break-even and closing the remaining positions on the way up. Stop loss will be under support levels.
Enjoy the market open!
A quick analysis of the current Bitcoin structure. We can see we have had a strong bullish movement over the past few days. We will look for a candle close above the 46K resistance level to look for long positions to 48, 50, and possibly to 60K. As always we will close 50% at our first target, adding a stop loss break-even and closing the remaining positions on the way up. Stop loss will be under support levels.
Enjoy the market open!
Comment:
Close 50% of positions here at 47.8K in almost 200 pip profit & add a stop loss beak to push towards the rest of the targets.