KarySah

Retracement about to End to continue the Rally?

Long
KarySah Updated   
BITFINEX:BTCUSD   Bitcoin
Hello guys
After BIG rally, then retracement, BTCUSD seems is having a bounce back to continue the Rally..

Let's try to catch this movement.
Price is Currently bouncing back up from 20 EMA AND 100 EMA, and if it makes a new previous day high, it can easily reach 10K level (our T1) and we can be pretty confident that if this pyshological level is broken, many buyers will join the party :)!

Our ENTRY POINT IS CONDITIONAL if the price is reaches (9,500)
Remember to take part of the profits on each Target and once reached T1, don't forget to update (move) your SL so at least you end up breakeven,

MT Alberto
Order cancelled:
Our trade never reached entry point
I would cancel it now

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.