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vf_investment
Sep 20, 2022 2:49 PM

Long Position On BTC Long

Bitcoin / TetherUSBinance

Description

After a bullish Pin Bar Candle on daily time frame yesterday, price action seems to be testing the support at $18662. if this were to happen traders may look for a long position at this level as reversal opportunity may come true. Plus, since target rate probabilities are expecting to be at 84% around 75bps to 100bps, traders may already priced this factor in the asset, giving more potential for bullish momentum.

ENTRY PRICE: $18662

1^TARGET PRICE: $19529
2^TARGET PRICE: $20818
3^TARGET PRICE: $21404

Trade closed: target reached

Stop loss didn´t hit (it was close)

The first target reached! Profit booked.
Comments
UnknownUnicorn15614419
Nice chart pattern,thanks!
Solldy
A good description of the analysis, but the chart itself isn't the most exact. I hope that next time the graph will be more concrete. Good luck in trading!)
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