Bitcoin at support zone and moving up soon
In 1D chart you can see:
- BTC now touch EMA20 at 759x level
- BTC now a little bit above midle BB line 758x
- BTC now have support with fibonaci 23.6%
- Stoch RSI at buy zone area
What to do?
In short term we expect BTC will up to last resistance level at 782x. It will have a small correction and continue going up.
If you enter LONG trade at 74xx zone as my previous idea, HOLD it tight, INCREASE stop loss and take profit half at 78xx
If you didnt have any LONG trade, you can enter at 759x-762x zone with stop loss under 754x (a bit under BB line)
Hope you have a good trading day!
- BTC now touch EMA20 at 759x level
- BTC now a little bit above midle BB line 758x
- BTC now have support with fibonaci 23.6%
- Stoch RSI at buy zone area
What to do?
In short term we expect BTC will up to last resistance level at 782x. It will have a small correction and continue going up.
If you enter LONG trade at 74xx zone as my previous idea, HOLD it tight, INCREASE stop loss and take profit half at 78xx
If you didnt have any LONG trade, you can enter at 759x-762x zone with stop loss under 754x (a bit under BB line)
Hope you have a good trading day!
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