Hello everyone. Today I am going to share with you another bitcoin recommendation.
Pay attention to the general background, that there is a big volume exit and no reaction to this volume. So, this volume can be classified as pushing, which means that the upward movement will continue. In addition, the nearest strong level is at 58,000, which only strengthens the buy signal. During the correction, the price has formed a support level, from which buyers are constantly buying back the asset.
Stop loss 53400.
Good luck to everyone!
Pay attention to the general background, that there is a big volume exit and no reaction to this volume. So, this volume can be classified as pushing, which means that the upward movement will continue. In addition, the nearest strong level is at 58,000, which only strengthens the buy signal. During the correction, the price has formed a support level, from which buyers are constantly buying back the asset.
Stop loss 53400.
Good luck to everyone!
Comment:
the stop loss was activated, this is a false breakout, so you must immediately reopen the long and set the stop loss at a price of 53200. You can open a buy at a price of 54000 or lower, I opened it at 53643.
Trade closed: target reached:
as expected, after the correction, the price continued the trend again.