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CryptoAddict77
May 10, 2021 6:37 PM

BTC swing long on daily chart Long

Bitcoin / U.S. dollarBitstamp

Description

I believe we are close to completing the current consolidation.

I am targeting the $75,000 area as a target for this long.


Good Luck!!!
Comments
VarunAgarwal
That came close to stop loss point :D Though I guess trade will trigger after a 4hr close above 56.4?
CryptoAddict77
@VarunAgarwal, There are many different ways to trigger a trade. I like closing 4h candle above a certain level as my preferred method. Looking at reversals on hourly chart is also good. This might go further down before the big uptrend starts. Anywhere from 45k to 50k is possible.
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