BTCUSDT is catching its breath and we expect it to oscillate between 4800 - 5100 over the next few days. The trend is still bullish - we’ve had a breakout and are making higher highs and higher lows. Our first target remains 5600 with a secondary target of 6400. Be sure to take partial profits by 5600 as we expect a bounce from this level. Try to take a macro perspective when looking at the BTC charts. The 1 hour and 15 minute chart have a lot of noise but the 12 hour and daily charts offer a better picture. We are currently undergoing a pullback of just under 50% which is pretty typical for BTC rallies.
If you are not in the market you can buy this pullback with a portion of your capital. Set your stoploss to 4600.
----
Signal Tool: signalgroups.com
Telegram: t.me/coinandcrypto
If this idea was helpful to you please like it or comment below! Your feedback is what keeps us sharing!
If you are not in the market you can buy this pullback with a portion of your capital. Set your stoploss to 4600.
----
Signal Tool: signalgroups.com
Telegram: t.me/coinandcrypto
If this idea was helpful to you please like it or comment below! Your feedback is what keeps us sharing!
評論:
Move stoploss to entry.