Long
Bitcoin Gold Buy Opportunity
The market moves sideway at 220.00 support level. The price bounces from this zone and we can use it as a new trading opportunity. Also it looks like the market has potential for reaching the previous highs. We can try to catch possible upward movement. Pending orders for buy can be placed at 260.00 level with stop orders at 195.00 level. Profit targets are 335.00 and 410.00 resistance levels.
Note
Probably the market gives us a support zone formed between 220.00 and 200.00 levels. If the price can stay above 200.00 level, we should be ready to get a new reversal signal. Buy orders can be moved from 260.00 level to 250.00 level.Note
The price activated pending orders for buy. Now we have to wait which level the market will reach firstly - stop or take-profit.Note
The 1st target was reached.
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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.
💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit
💎 Share My BEST Trades here 👉 bit.ly/wubits
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.