Quick update on BTCUSD - 22.08.2019
Seems like we failed to brake new highs and we are heading down on the large timeframes (mpnthly).
I would stay out of BTC unless you are shorting.
The reasonable buy in would be around 6K levels.
Lines drawn are monthly (black), weekly (orange), daily (red) & hourly (red) timeframes supports and resistances.
The main picture is stilll bullish, we just need small impulse. Apologizes in advance, the picture is a bit confusing, I know there's too much lines.
Update comes if we brake above trendline (unlikely) or if we reach target 6.400 USD.
***NOT FINANCIAL ADVISE JUST EDUCATIONAL PURPOSES***
Good luck trading everyone,
Kind regards,
BeniGo
I would stay out of BTC unless you are shorting.
The reasonable buy in would be around 6K levels.
Lines drawn are monthly (black), weekly (orange), daily (red) & hourly (red) timeframes supports and resistances.
The main picture is stilll bullish, we just need small impulse. Apologizes in advance, the picture is a bit confusing, I know there's too much lines.
Update comes if we brake above trendline (unlikely) or if we reach target 6.400 USD.
***NOT FINANCIAL ADVISE JUST EDUCATIONAL PURPOSES***
Good luck trading everyone,
Kind regards,
BeniGo
Nota
Reaching the point to buy fellas. my personal stop loss is 3k because eventhough BTC has respected many times the grey line, there has been months that it has closed a bit below it and recover the bullish momentum afterwards. Good luck and have fun trading ppl.
BeniGo
Nota
I consider the zone 6000-6500 USD a good buy.This is not financial advise.
Regards.
Trade chiuso: obiettivo raggiunto
Hope you all bought at 6400
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.