Hello Crypto Enthusiasts, lets take a look at $Bitcoin on 1H.
The Market witnessed an impulse on May 15, due to the news which saw it print 8 consecutive bull candles on 1H confirming that there is a strong interest from investors.
It's always good to buy at discount positions to get a good RR. There's a gap formed between $62987 and $63537 which will be a good entry point; SL- $62269
Thanks & stay enthusiastic.
The Market witnessed an impulse on May 15, due to the news which saw it print 8 consecutive bull candles on 1H confirming that there is a strong interest from investors.
It's always good to buy at discount positions to get a good RR. There's a gap formed between $62987 and $63537 which will be a good entry point; SL- $62269
Thanks & stay enthusiastic.
Comment:
As expected price sweeps liquidity above and starts descending towards our key level.