anhnongdan

Day 3: [GWTT202102] Prepare to engage in BTC

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC is very likely to test the ATH at around 38K again and I think it would break the level.
This mean a bullish signal as it breaks the triangle channels as well.
On long-term (for the next week), I'm still waiting for the 4hMA 50 touch like my analysis at Day 1 (below)

IF NOT: It would fall back to 4H MA34 or MA50, where I've prepared my positions.

Plan:
Engaging at market level: 37430.
Stop loss: 36.8K

Next level: 35.8K and 34.7K
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.