BTC REVERSAL (UPDATE)
Hi everyone, how was your weekend!?.
Since my last analysis, BTC has been trading between 47k to 48k.
Reversal was confirmed on October 2nd & I still stand by that decision to open a sell order bcos price isn't making new higher highs.
Next level price will be heading down to is @ $44,7k from our 1hr chart.
So we get to open a Limit sell order entry;
-----------------------------------------------------------
Limit : $47,4k
SL : $49,8k
TP : $44,7k
----------------------------------------------------------
Our main target is
42K but lets take our first profit at $44,7k and then analyze the chart again then.
Thanks
_Labiano50
Since my last analysis, BTC has been trading between 47k to 48k.
Reversal was confirmed on October 2nd & I still stand by that decision to open a sell order bcos price isn't making new higher highs.
Next level price will be heading down to is @ $44,7k from our 1hr chart.
So we get to open a Limit sell order entry;
-----------------------------------------------------------
Limit : $47,4k
SL : $49,8k
TP : $44,7k
----------------------------------------------------------
Our main target is
42K but lets take our first profit at $44,7k and then analyze the chart again then.Thanks
_Labiano50
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