Price shows strong reversal signals, bounced from monthly support a while ago, and gives a retrace oppurtunity on 4h. this is a low profit and low risk idea.
RR based on first trouble area. If price drops below the nearest swing low( which is stoploss) , we can try another long from the thick red line, which is the monthly key level.
targets shown on the chart, but it's mainly depends on general crypto market, briefly Bitcoin price.
This is an educational idea, not an investment advice.
RR based on first trouble area. If price drops below the nearest swing low( which is stoploss) , we can try another long from the thick red line, which is the monthly key level.
targets shown on the chart, but it's mainly depends on general crypto market, briefly Bitcoin price.
This is an educational idea, not an investment advice.
Trade active:
1st Target reached
Trade active:
2nd Target reached
Trade closed: target reached