Hello everyone.
In 4 hours analysis, we are at an ascending channel and now in the consolidation phase. We are so close to the support line so we can have a position with low risk. Our stop loss can be so close at about 11000 and our target is about 14000 so this position has a good risk to reward ratio.
Another thing which tempts me is the gold price, which is growing non-stop and BTC usually follows it by a time delay.
Enjoy your life.
In 4 hours analysis, we are at an ascending channel and now in the consolidation phase. We are so close to the support line so we can have a position with low risk. Our stop loss can be so close at about 11000 and our target is about 14000 so this position has a good risk to reward ratio.
Another thing which tempts me is the gold price, which is growing non-stop and BTC usually follows it by a time delay.
Enjoy your life.
Comment:
Okay we can see its confirmation because it breaks 11300.
Comment:
Ummm we get one part of our reward till now. Wait till we take 8th part :-).
Comment:
This huge volume guarantees there won't be any stop at 12000 dollar.
Comment:
Oh shit, we couldn't break 12000 USDT.
Now we raise our S.L to 11250.
Next resistance level is about 11700 - 11800, if it breaks this level then certainly we are at 14000.
Now we raise our S.L to 11250.
Next resistance level is about 11700 - 11800, if it breaks this level then certainly we are at 14000.
Comment:
Raise your stop to 11490