BTC making room for another small correction?
Hi people! today I showing u a little trade idea on bitmex.
After a bearish divergence in 1H chart, we had fell straight to ma200 levels, and then a pullback has begun. So now we are looking for a possible AB=CD pattern, which I see a potential trade opportunity. The entry point will be the ma20 crossing ma200 and testing it. If we see volume or a candle confirming it, then it's time to enter. The targets could be the 100% (if we have volume ofc, and maybe even more) or the 61,8% if we don't see good force breaking the 3914.5. A move above 3999 could invalidate this idea.
Entry point: 3950, but we'll see how price behaves.
Leverage:10x
Targets: 3905, 3850, +++
Potential Reward: 11~25%
I'll try to update this idea, hope you like it!!!
Feel free to comment or ask me anything!! Good trade for us!
After a bearish divergence in 1H chart, we had fell straight to ma200 levels, and then a pullback has begun. So now we are looking for a possible AB=CD pattern, which I see a potential trade opportunity. The entry point will be the ma20 crossing ma200 and testing it. If we see volume or a candle confirming it, then it's time to enter. The targets could be the 100% (if we have volume ofc, and maybe even more) or the 61,8% if we don't see good force breaking the 3914.5. A move above 3999 could invalidate this idea.
Entry point: 3950, but we'll see how price behaves.
Leverage:10x
Targets: 3905, 3850, +++
Potential Reward: 11~25%
I'll try to update this idea, hope you like it!!!
Feel free to comment or ask me anything!! Good trade for us!
הערה
Later I drew a support line, which forming a pattern similar to a rising wedge, and now a close below 3960 could be a good entry for us. Let's see!הפקודה בוטלה
Unfortunately, today I couldn't trade, in terms this turns to be good because the movement didn't had force enought to go further down.
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.
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.