This trade is simple with good R/R Long around 8500$ or less if you can get it. Stop loss around last bottom or 7500$ Target to 12k at least
Target based on the Bullish divergence in the RSI and the bearish trendline since the top. Please beware: bitcoin could resume dumps this is just a trade targeting the bearish trendline residing at 12k, above this trendline and we are bullish.
Trade closed: stop reached
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Looks like we could bottomed out at the next bounce area...
Comment
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Bottom got extended to the other buy area, but it was rejected..so buying this prices is good.
Trade active
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We could be about to break 9k and continue to 12k as explained above.
Trade closed: target reached
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If you followed this trade and bought below 7k It's good to take profit at these levels