Today we are going to analyze the bitcoin chart and find opportunities to get some profit. Let's pay attention to some fundamental news about the market that could have a big effect on the BTC price. 10% tariff on all imports from China 25% tariff on imports of metal and wood from China Heavy immigration tariffs for Canada and Mexico From my perspective, fundamentally, this will have a bullish impact on safe-haven markets like gold and a negative impact on riskier markets like cryptocurrencies. I always rely on technical analysis for my trading, but this news is very influential on the market.
4H timeframe; Price is at the top of the decending channel and has broken its range. The last uptrend is facing decreasing volume.As you can see, I marked long and short triggers on the chart. You can find your trigger based on your strategy. Long trigger; 98462 Short trigger; 95097 TOTAL; If total break the 3,2T it chould be another trigger to take a long position.
Trading futures is always risky. Always do your own research and analysis. Do not forget the most important part: risk management. No one can predict how financial markets will behave with certainty.
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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.