Bitcoin technical analysis _ 2023-10-18
Short position
After breaking the newly formed bottom box and the midline of the ascending channel, and also after breaking the important support at the price of 27,930
Entry 27860
The loss limit is 28,190
Risk Free 27525
(moving the stop to the entry point after breaking 27463)
Saving profit 27200
(Moving stop to risk to reward 1 if it reaches 27150)
Profit limit 26930
After breaking the newly formed bottom box and the midline of the ascending channel, and also after breaking the important support at the price of 27,930
Entry 27860
The loss limit is 28,190
Risk Free 27525
(moving the stop to the entry point after breaking 27463)
Saving profit 27200
(Moving stop to risk to reward 1 if it reaches 27150)
Profit limit 26930
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