BTC/USD LONG SET UP

TITLE : BTC/USD BUY Limit
ASSETS : CRYPTO SYMBOL : BTC/USD
ORDER TYPE : (EP1) BUY LIMIT ORDER (EP2) BUY LIMIT ORDER TF : H4
ENTRY PRICE 1: $6,396 ENTRY PRICE 2: $6,286
STOP LOSS : $5,980
TAKE PROFIT 1- $6,786 TAKE PROFIT 2- $7,096
TAKE PROFIT 3-$7,486 Modify SL TO TP.3 AND TRAIL SL
TP.4 $7716 TP.5 $8,000
STATUS : PENDING
Additional Stops have recently been elected above the 6842 and 7059 levels, upside price objectives related to buying pressure last month around the 4432.30 area, and a related upside price objective is the 7870 level. Moreover, additional Stops were triggered above the 7234 area, an upside price objective related to buying activity around the 5001.00 area, and a related upside price objective is the 7761 area. Below current price activity, downside price objectives include the 6767, 6657, 6467, and 6232 levels. Chartists are observing that the 50-bar MA (hourly) has bearishly moved below the 200-bar MA (hourly), and that the 50-bar MA (4-hourly) bullishly remains above the 100-bar MA (4-hourly).

Comment:

Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.

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