After positive divergences on 4H Now..Bulls are riding.. We are looking for entry point to long this.. 0.00026 - 0.00027 is the main resistance zone on chart that must be break..
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After test of mentioned resistance levels, has entered to the correction phase can be seen on 5min chart.
Support is 0.000245 - 0.00025 where we will open long position.
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Price reached to our desired level. Long position opened at 0.000245 A hammer formed on 15min chart. waiting to confirmation of that for uptrend.
Trade active
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Hammer confirmed. Set SL at entry point and low of hammer.. around 0.00025.
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Market is under selling pressure, Our position will probably be closed without profit or loss. If you want.. move your SL to lower levels.. but .. Your risk will be increase..
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Hello I fell asleep last night! Updating..
Trade closed: stop reached
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Our stop at 25 has been hitted But support is still there. I think BTC has another downward wave (15min chart ) that's why i don't long this right now.