MoonriseTA

Bullish analysis of Bitcoin

Long
MoonriseTA Updated   
BITSTAMP:BTCUSD   Bitcoin
Likely diagnosis
The analyst believes that the price of Bitcoin will be ' bullish' from July 31 to Aug 02, 2023, with a stop loss of $28,350.

What is the take profit target for this analysis?
The profit limit is time-based, so we will have to wait until Aug 02, 2023 to see what it is

Stop loss ?
The ascending analysis will become invalid if the price reaches $28,562 between July 31 and Aug 02, 2023

Risk and trading advice
The risk amount is 3.62%, assuming the following conditions are met To calculate the risk amount, multiply the capital by 1.02. For example, if the capital is \$10,000, then the risk amount is \$10200. Leverage is required to risk this amount.

MoonRiseTA
Comment:
Stop loss ?
The ascending analysis will become invalid if the price reaches $28,350 between July 31 and Aug 02, 2023
Trade closed manually:
The analysis is no longer valid because the time range has expired

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