BitcoinLong
A Dragon is forming! BITCOIN/USD Daily
DISCLAIMER: Not financial advice, do your own research before investing as well.
As you can see BTC might make a Dragon pattern, which is quite bullish for us.
The Hump looks to be confirmed at the 0.382 fib, as we are struggling to get past it and we still have declining volume.
According to Gann Sep 21 is an important date, so I drew the second leg to that date.
ENTRY 1:
10.500 LONG (when price is above the down trendline)
ENTRY 2:
10.850 LONG (when price is above the hump)
TP1:
0.618 FIB/0.65 FIB
TP2:
1.00 FIB
TP3:
1.618 FIB
SL:
LEG 1 (or previous swing low)
As you can see BTC might make a Dragon pattern, which is quite bullish for us.
The Hump looks to be confirmed at the 0.382 fib, as we are struggling to get past it and we still have declining volume.
According to Gann Sep 21 is an important date, so I drew the second leg to that date.
ENTRY 1:
10.500 LONG (when price is above the down trendline)
ENTRY 2:
10.850 LONG (when price is above the hump)
TP1:
0.618 FIB/0.65 FIB
TP2:
1.00 FIB
TP3:
1.618 FIB
SL:
LEG 1 (or previous swing low)
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.