longsonvn

BTC March 28, 24: A Handle Continues To Form

Viés de alta
longsonvn Atualizado   
CRYPTO:BTCUSD   Bitcoin
After a failed break out of the handle on March 27, 24, as discussed in an idea you can see in the related ideas section, BTCUSD continues to move inside this handle and a breakout of this handle would provide an entry.

A failed break is good because it means some traders took a loss (including me) and will be hesitate to re-enter.

The main thing is that BTCUSD is still in an uptrend on a longer timeframe therefore we should continue to look for a buy point even the previous traders were failed.
Trade fechado manualmente:
I closed the trade on March 29, 2024 at 4AM UTC as the price is still in consolidation, meaning it could not follow through after breaking out of the handle

Aviso legal

As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.