Hello friends, the price of Bitcoin (BTCUSD) is supported by the MA 50 on the daily & intraday charts.
As you can see on the right chart (1H timeframe), the price broke the resistance line (highlighted in orange)
and is now aiming for a higher high.
We place our order accordingly, with a Stop-Loss slightly below the previous low and our target
located slightly above the previous high.
We are still in a strong uptrend and the recent decrease in price was definitely not a change in trend,
as mentioned in my previous idea.
Please let me know what you think about this trading idea, especially about trading Bitcoin
after this price surge. I would love to know!
Cheers,
Ares
As you can see on the right chart (1H timeframe), the price broke the resistance line (highlighted in orange)
and is now aiming for a higher high.
We place our order accordingly, with a Stop-Loss slightly below the previous low and our target
located slightly above the previous high.
We are still in a strong uptrend and the recent decrease in price was definitely not a change in trend,
as mentioned in my previous idea.
Please let me know what you think about this trading idea, especially about trading Bitcoin
after this price surge. I would love to know!
Cheers,
Ares
Anmerkung
The price re-tested the trendline, which would have been a better entry. Nontheless, everything goes as plannedTrade geschlossen: Stop wurde erreicht
Stopped out! Correction incoming
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Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.