As shown in the chart, BTC has a confluence at 4H support. You may long now with the stop-loss and profit targets mentioned on the chart or otherwise wait for a potential re-test.
This is not a financial advice, just an idea based on amateur technical analysis of the crypto market. Invest at your risk.
Goodluck!
This is not a financial advice, just an idea based on amateur technical analysis of the crypto market. Invest at your risk.
Goodluck!
Trade closed: stop reached:
Although the trade reached stoploss mainly because the stoploss point was very close, the analysis proved to be right. It did hit all the targets as mentioned on the chart.