Bitcoin Analysis: Seeking Profit with 1:2 Risk-Reward Ratio
After the short-lived spike under 25400 horizontal support (also for a very short time under 25k), Bitcoin started to reverse reaching the 27.500 mark. A new drop followed, but buyers sustained the price at 26k. At this moment a possible higher low could be in place and, in the short term, we could see more upside. That being said, I'm looking to buy dips in search of a trade with more than a 1:2 risk: reward ratio considering a rise to test the important horizontal resistance from 28.500. Negation comes with a drop under the recent low.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.