-Bullish MACD divergence on 4h candles (very bullish indicator) -Completed 5-3 sequence providing decent risk to reward (more on this later) -Primary price target is 1:1 extension at 24.5k -If BTC breaks through the 1.1:1 extension then a 1.618:1 extension all the way to nearly 33k is possible -Stop loss at 10.6k below C
Not necessarily an entry now considering the risk to reward ratio is currently not very good. An entry after the retracement on this first wave will likely be a better entry. (I will probably update this idea when the time comes)
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.