BitcoinAlış
BTCUSD Breakout
Technical Reasons:
1. Breakout of main correction trend line.
2. There is a bullish divergence with the RSI.
3. Correction has bounced off the 0.618 fibs.
Risk Management
1. A close below 8124 would invalidate this bullish setup.
2. Target 1 would be 8663. Target 2 would be 9112.
3. Risk reward for target 1 would be 1.9.
*No fundamental reasons for this breakout. IMO, the conference could probably spread some awareness but then again I wouldn't bank on it. If you do have any fundamental reasons to share please let me know :).
May the Huat come to us.
1. Breakout of main correction trend line.
2. There is a bullish divergence with the RSI.
3. Correction has bounced off the 0.618 fibs.
Risk Management
1. A close below 8124 would invalidate this bullish setup.
2. Target 1 would be 8663. Target 2 would be 9112.
3. Risk reward for target 1 would be 1.9.
*No fundamental reasons for this breakout. IMO, the conference could probably spread some awareness but then again I wouldn't bank on it. If you do have any fundamental reasons to share please let me know :).
May the Huat come to us.
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.
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.