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Chloster
Jul 10, 2019 12:11 AM

Bitcoin Daily Update Long

Bitcoin / United States DollarCoinbase

Description

Looking for a daily close above 12.8k with volume to cement this great run up. Price likely to push up higher with bids set around 12.5k-12.8k. Target would be 14.8k-15k for the short term. A close sub 12k would not be kind to the bulls. If you're bearish this is the time to short or hedge your spot positions.


Entry --> 12.8k
Stop Loss ---> 11.9k
Take Profit--> 15k

Risk/Reward --> 2.3


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This information is not a recommendation to buy or sell. It is to be used for educational purposes only.

Comment

Barely got the daily close I was looking for. Great timing for the short/hedge position.
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