Deep view of Bitcoin chart:
A: At 25K:
1- There is support: black circles
2- There is a Fibonacci line: the blue circle
3- There is order block : the green rectangle
B: At 24:
1-There is an uptrend
2-There is also an order block
C: So.. 2 buy orders must be placed on 25/24k, why?
Simply, you do not trade alone in the market. There are thousands of people smarter than you and me, There are bots, companies, institutions, whales , and they all know you're targeting 25k to enter a long position.
D: The stop loss should be below the following Fibonacci line: which is below 22900 ( around 6.4%)
but If the price does not reach these areas, we will eat a banana and wait for another trade.
A: At 25K:
1- There is support: black circles
2- There is a Fibonacci line: the blue circle
3- There is order block : the green rectangle
B: At 24:
1-There is an uptrend
2-There is also an order block
C: So.. 2 buy orders must be placed on 25/24k, why?
Simply, you do not trade alone in the market. There are thousands of people smarter than you and me, There are bots, companies, institutions, whales , and they all know you're targeting 25k to enter a long position.
D: The stop loss should be below the following Fibonacci line: which is below 22900 ( around 6.4%)
but If the price does not reach these areas, we will eat a banana and wait for another trade.
Not
ExactlyNot
done
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Feragatname
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.
İlgili yayınlar
Feragatname
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.