Bitcoin: Bullish Setup with 16 000$ Target
Let's pump Bitcoin!
We can see that the price is forming a triangle chart pattern with the key resistance at 16000$. We can use a reversal signal from the uptrend line and open a long position. Stop orders must be placed below the local swing low and the trend line. The main profit target should be at the resistance. Risk per trade must be no more than 5-10% of the capital.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
We can see that the price is forming a triangle chart pattern with the key resistance at 16000$. We can use a reversal signal from the uptrend line and open a long position. Stop orders must be placed below the local swing low and the trend line. The main profit target should be at the resistance. Risk per trade must be no more than 5-10% of the capital.
Disclaimer!
This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。