Hi Traders,
This is the buy zone if you haven't bought the dip.
Similar to AAVE, its forming a macro bullish re-accumulation structure and the buy zone is a per the chart.
However I would put a stop loss under $129 (as its always possible BTC would make a dip for the last time, but I doubt it).
What's going for it? and how to trade this?
It depends on your strategy.
1) Buy now, as its on a support level and just HODL;
2) Enter after breaking the 0.5 fib level and black resistance trend line ;
3) wait for another formation on the 1 hrly timeframe
OR 4) wait and look for a bullish 2x 4 hrly candle combination here
All the best,
S.SAri
This is the buy zone if you haven't bought the dip.
Similar to AAVE, its forming a macro bullish re-accumulation structure and the buy zone is a per the chart.
However I would put a stop loss under $129 (as its always possible BTC would make a dip for the last time, but I doubt it).
What's going for it? and how to trade this?
It depends on your strategy.
1) Buy now, as its on a support level and just HODL;
2) Enter after breaking the 0.5 fib level and black resistance trend line ;
3) wait for another formation on the 1 hrly timeframe
OR 4) wait and look for a bullish 2x 4 hrly candle combination here
All the best,
S.SAri
Trade active
hit my 1st target with the 0.618 fib and or inverted bar pivot point.
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Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
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Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.
Related publications
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.