BTC has found its support on the 1-hour chart. Additionally, there is a new higher low, which indicates an interest to hold it at this level. From now on, there could be a small pump.
To confirm that interest level, we need to reach the 30,250 and then 30,400 zones to go higher. The seller is still here and pushing with limits 30,100-30,200. So 30,250 could be a breakpoint.
The subjective target for me will be 31-32k.
To confirm that interest level, we need to reach the 30,250 and then 30,400 zones to go higher. The seller is still here and pushing with limits 30,100-30,200. So 30,250 could be a breakpoint.
The subjective target for me will be 31-32k.
Comment:
There are 3 hours left for the 1-day candle close, and it's not looking good as sellers are still present at 30,100. The stop-loss (SL) is almost reached.
Trade closed: stop reached:
I'll try again later, probably after 30,100-30,200. Nothing is bad when you have the scalp strategy.
Trade active:
The Fib strategy made me enter long again at 29.8-29.9 and on a breakout 30.1.
Trade closed: stop reached:
Closed at 30,165, with a total profit of ~1%.
