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Bitcoin
Long

BTC Retrace to 200MA @ $15700 then back up to $17k

163
Based on Moving Average trend analysis and backtesting, price is more likely to retreat lower towards the 200MA at $15700 (4 hour chart).

Long Entry @ $15700
SL @ -5%
TP @ $17000 (8.2% Profit Target)

Happy Trading. :)
yinandyani
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BTCBTCUSDbtcusdlongTechnical IndicatorsTrend Analysisxbt
yinandyani
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.