Binance: BTCUSDT 1H timeframe
I think that BTC creating Flag pattern.MACD in positive trend. If he touch 7000 (it is psychological number), I think that he will bounced up.
7147 will be the breakout price, but RSI can be overbuy around 70, so I will not risk more.
Buy at 7000 sell at 7174 with 2.48% profit.
Remember, u don't wanna be greedy. :) Every profit is a good profit!
I think that BTC creating Flag pattern.MACD in positive trend. If he touch 7000 (it is psychological number), I think that he will bounced up.
7147 will be the breakout price, but RSI can be overbuy around 70, so I will not risk more.
Buy at 7000 sell at 7174 with 2.48% profit.
Remember, u don't wanna be greedy. :) Every profit is a good profit!
Trade closed: target reached:
It is not forming Flags as I want, but we reached target.
If u are still in this trade, my recommendation is to sell, because as u can see RSI is overbought, we have MACD cross for downside, and also we touched for three times 200 EMA and had some pullbacks. If u exit now, u will have nice profit around 4.9%.
See ya to our next trade! :)
If u are still in this trade, my recommendation is to sell, because as u can see RSI is overbought, we have MACD cross for downside, and also we touched for three times 200 EMA and had some pullbacks. If u exit now, u will have nice profit around 4.9%.
See ya to our next trade! :)