Hi dear patrons, hope you are well and welcome to the new trade setup of Bitcoin BTC .
Previously we had a nice harmonic trade of Bitcoin:
Now on a daily time frame, BTC has formed bullish Butterfly pattern.
Buy between: $57633 to $54518
Sell between: $60050 to $65900
Stop loss:
Stop-loss can be set below the maximum extent of buying zone which is $54518
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 20.5% and a loss possibility is 6%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
Previously we had a nice harmonic trade of Bitcoin:
Now on a daily time frame, BTC has formed bullish Butterfly pattern.
Buy between: $57633 to $54518
Sell between: $60050 to $65900
Stop loss:
Stop-loss can be set below the maximum extent of buying zone which is $54518
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 20.5% and a loss possibility is 6%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
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.
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.