MoonriseTA

BTCUSD - Aug 04 to AUg 06

Short
MoonriseTA Updated   
BITSTAMP:BTCUSD   Bitcoin
Likely diagnosis
The analyst believes that the price of Bitcoin will be ' Bearish' from Aug 04 to AUg 06, 2023, with a stop loss of $29900

What is the take profit target for this analysis?
The profit limit is time-based, so we will have to wait until Aug 06, 2023 to see what it is

Stop loss ?
The descending analysis will become invalid if the price reaches $29900 between Aug 04 and Aug 06, 2023

Risk and trading advice
The risk amount is 3.62%, assuming the following conditions are met : To calculate the risk amount, multiply the capital by 1.46. For example, if the capital is \$10,000, then the risk amount is \$14600. Leverage is required to risk this amount.
Trade closed manually:
The analysis is no longer valid because the time range has expired

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.