Bitcoins is about to retest resistance again. We expect that it will breakout this time. Targets are shown on the chart.
How to trade: enter long position only when/if it breaks out the resistance.
If it gets rejected you can buy at the support (red line) and place the stop loss.
How to trade: enter long position only when/if it breaks out the resistance.
If it gets rejected you can buy at the support (red line) and place the stop loss.
Trade active:
Stop loss hasn't hit (it was close). The price has bounced from the support.
Trade closed: stop reached:
Stop loss reached.
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