Trading Idea - #Bitcoin
General sentiment is right for Bitcoin!
BUT!
The price of Bitcoin is currently struggling at the upper edge of an ascending triangle formation. A clear breakout seems to have failed. The logical consequence for me would be a return to the inner of this triangle.
A beautiful course from a chart-technical perspective, would be a return to the upward support line of the triangle. From there it can go up again to attack the 50,000 USD level!
I entered at 46,300 on SHORT with a target at 41,200 USD. My stop is at 48,000 USD!
*not an investment recommendation
BUT!
The price of Bitcoin is currently struggling at the upper edge of an ascending triangle formation. A clear breakout seems to have failed. The logical consequence for me would be a return to the inner of this triangle.
A beautiful course from a chart-technical perspective, would be a return to the upward support line of the triangle. From there it can go up again to attack the 50,000 USD level!
I entered at 46,300 on SHORT with a target at 41,200 USD. My stop is at 48,000 USD!
*not an investment recommendation
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.