NikitaBlock

BTCUSD Good zones to take long

Long
NikitaBlock Updated   
BITFINEX:BTCUSD   Bitcoin
Hi Guys,

If price go down you can try to take long position in zones of demand.

First zone 6180-6237 is strong enough because of the good up moving you can see. Zone have not tested yet. And here you can put stop order close to demand zone and with little risk.

If price will kick first zone look at second: 5878-5980. So here also good move to the up and have not tested yet. And the main reason why I like this zone because it is protecting by the 3d (5748-5880) which have showed very strong powerful upward moving and situated very close to the 2d zone of demand.

Trade in profit! Follow your trading strategy! Think your own head!
Comment:
Now I am in short from 7380
Comment:
6834 closed short. Profit 7%. Put new buy order 6725 and stop on 6680.
Comment:
Changed to:

buy order 6652

stop 6569
Comment:
removed buy order 6652. Will wait the movement of BTC and then decide where to enter the market. Best zones for long remain on the chart. First zone: 6180-6237. Second: 5878-5980.
Comment:
I'm in short from 7091. You can try to take short, too. Stop 7200
Comment:
Still in short ....stop 7300
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.