Hi dear members , hope you are well and welcome to the new trade setup of Bitcoin (BTC)
Previously the priceline moved slightly down than buying zone, however, recovered soon and pumped almost 25%.
Now on 4-hr frame, BTC has formed a bullish Gartley move for the next price reversal.
Buy between: $29176 to $29081
Sell between: $29309 to $29450
Stop loss: Below $29081
Possible profit ratio:
As per the above targets, This setup has a very small profit margin, but the purpose for sharing this setup is that sometimes after such Fibonacci based moves the priceline pumps more than the expected targets, as previously it pumped almost 25%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
Previously the priceline moved slightly down than buying zone, however, recovered soon and pumped almost 25%.
Now on 4-hr frame, BTC has formed a bullish Gartley move for the next price reversal.
Buy between: $29176 to $29081
Sell between: $29309 to $29450
Stop loss: Below $29081
Possible profit ratio:
As per the above targets, This setup has a very small profit margin, but the purpose for sharing this setup is that sometimes after such Fibonacci based moves the priceline pumps more than the expected targets, as previously it pumped almost 25%.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.