Potential Trading Setup Alert
BTCUSDT has bounced after a candle close below support and formed a bullish engulfing pattern. This indicates that BTC may hit $27800-$27900 before any further breakdown. My short bid is at $27800-$28000 with a stop loss at any 4H close above $28000 and my target is $25200.
Remember, trading carries risk, so it is important to do your own research and have a solid risk management strategy in place. Stay safe and happy trading!
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BTCUSDT has bounced after a candle close below support and formed a bullish engulfing pattern. This indicates that BTC may hit $27800-$27900 before any further breakdown. My short bid is at $27800-$28000 with a stop loss at any 4H close above $28000 and my target is $25200.
Remember, trading carries risk, so it is important to do your own research and have a solid risk management strategy in place. Stay safe and happy trading!
Follow us for More Chart Analysis.
Thank you.
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Twitter: twitter.com/CryptoPatel
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
Telegram: t.me/OfficialCryptoPatel
Instagram: instagram.com/cryptopatel?utm_medium=copy_link
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.