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MO-Capital

BTCUSDT: quick long trade -> 44 600$

Long
Bitcoin / TetherUS PERPETUAL CONTRACT (BINANCE:BTCUSDT.P)  
MO-Capital  
BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Chart Patterns Technical Indicators Trend Analysis tradesetup tradingsignals BTCUSD Bitcoin (Cryptocurrency) bitcoinforecast altcoins LONG longsetup Cryptocurrency
3
0
chartpattern indicator trendanalysis tradesetup tradingsignals btcusd bitcoin bitcoinforecast altcoins long longsetup cryptocurrency
Hi community, hope everyone is ready for a new quick opportunity.

  • The market now is in the grand 2nd wave (most probably ABC structure, now in C wave). And the wave structure can be different. That's why I want to play quick trades waiting for the market reversal. Some proofs:
    snapshot
  • We see low RSI on the 5h chart + overbought signals on Bollinger Bands + the uptick on MACD Histogram. All these are signals of the possible reversal.
  • The resistance level near 44 600$ can be considered as strong and may be my TP for the quick long trade.

Hope you like my idea and will subscribe to my profile here to support me and to get notified about my new ideas. Have a nice day and talk to you soon!
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