BYBIT:BITUSDT 1H trend chart - BIT already hit our 1st TP from my last idea. Congrats if you're following it.
- You can hold the rest to until hitting other TPs and can move SL upper if you want. Now, 1H trend is forming a potential cup and handle, and here is the buying timing, so I'm going to provide another strategy as below. - Profit Targets: a) 1.693----Fib(1) b) 1.704~1.709----Fib(1.272~1.382) c) 1.719----Fib(1.618) d) 1.735----Fib(2)
Stop losses: a) 1.664----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see!
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