BTC - Entry timing from this bullish signal

4H trend chart
-
Key Resistance for BTC
1) 39000-----Tops of triangle(mentioned in last post)
2) Long-term downtrend line from ATH

BTC is approaching to them now.
These two resistance can be combined as a key level, needed to be overcame for BTC to go back to bullish path.
If it can break out the resistance, trading strategy as below.
-
Profit Targets:
a) 39661~40221.5----Fib(1.272~1.382)
b) 40795----Fib(1.618)
c) 42047.5----Fib(2)

-
If you like this analysis, smash the "like button" and leave a comment below to share your thoughts
or let me know what crypto you want to see!

Trading is a reflection of yourself. Learn more daily and be ready for every opportunity.
Have a nice trading!

EthanTW

🌔Signal channel: t.me/tradingdiary_cat
🌕Discussion group: t.me/rextalkcrypto
✨Bybit sign up: bybit.com/register?affiliate_id=12787&group_id=36093&group_type=1
💡Sign up through link
→Join Teaching Group for free!(PM me)

פרסומים קשורים

BTC - Buy it when the pattern formed

מאת ‎EthanTW‎

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.