M-Adel

Long signal for Bitcoin

Long
M-Adel Updated   
POLONIEX:BTCUSDT   Bitcoin / Tether USD
Bitcoin make a huge correction today but is about to fail breaking the 0.5 (11415) and 0.618 (13418) Fibo levels on Daily chart.

Entry point:
open a buy trade in case of current 1D candle failed to broke 13418 and closed above it

Stoploss:
1D closed candle under 11415

Targets:

16270
17200
19900
24520

Good Luck
Trade active
Comment:

Double bottom supported our Trade
in case of break of upper line of the pattern
the first two targets will be acheived fast
Trade closed: target reached:
target @ 16270 reached
Comment:
the downtrend was broken
waiting our targets
Trade active:
after reaching first 2 targets

Now BTC is at strong point

Golden chance to open the trade again with the same stop loss and targets

Stoploss:
1D closed candle under 11415

Targets:

16270
17200
19900
24520

Good luck
Comment:
Very low Risk trade
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