Hello guys, I think there is a possible long entry point on BTCUSD here, in case price goes steadily over the resistence area we can find at $8500. In case you decide to trade, stop loss must be put under $8150 and the first target is to $8850 area but I might assume the most reliable target is at $9400. There are two things doesn't confirm long view: the indicators I set in the chart does not give any evidence of buy signals at the moment and the volume are quite low. Despite these two warnings, I think is possible to open small size long trade and eventually increase them when chart gives us more evidence.
***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
Trade closed: stop reached
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Stop loss triggered during the night. We have to wait for a better market mood to try bullish trade