Bitcoin has a bearish CH and mBOS after the formation of "SW H", but it is supported by the specified inter change zone. A supportive inside bar has been formed, which has continuously recorded higher Ls and Ls have been respected.
At the top, there are many liquidity pools. It is still an upward trend, especially in the daily time. The green range is a strong support range. If "SW H" is broken, Bitcoin can move towards the red box
We have specified the targets on the picture, when we reach the first target, make it risk free.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
At the top, there are many liquidity pools. It is still an upward trend, especially in the daily time. The green range is a strong support range. If "SW H" is broken, Bitcoin can move towards the red box
We have specified the targets on the picture, when we reach the first target, make it risk free.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Trade active:
We published this analysis when everyone was bearish on Bitcoin
The first target was hit
The first target was hit
Trade closed: target reached:
This move and analysis was done well.
After touching the green range, Bitcoin hit TP 1 and TP 2 and was rejected from the red box.
After touching the green range, Bitcoin hit TP 1 and TP 2 and was rejected from the red box.
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