BTC after reaching the targets from the previous analysis
After reaching the targets from the previous analysis, I see two possibilities from a weekly timeframe:
Either the price directly drops to $84,085, or BTC makes a pullback to values between $102,934 and $104,702, from where I would look for a short position towards $84,674.
My trading plan would be:
Entry: $102,934.9
SL: $109,414.5
TP: $84,674.4
RRR: 2.82
Either the price directly drops to $84,085, or BTC makes a pullback to values between $102,934 and $104,702, from where I would look for a short position towards $84,674.
My trading plan would be:
Entry: $102,934.9
SL: $109,414.5
TP: $84,674.4
RRR: 2.82
Trade active
The target price level for BTC's drop has been achieved.
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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.
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.