Bitcoin / TetherUS
Long
Mis à jour

Long in BTCUSD

126
snapshot

BTCUSD

Consider entering a long position once the price breaks above the high of the green candle, indicating a potential upward momentum. Place the stop loss (SL) at the recent swing low for risk management.

Target Levels:

Target 1: 63,927
Target 2: 64,749

This trade setup aligns with the breakout from a falling wedge pattern, which is a bullish reversal formation. The price consolidates within the wedge, and a breakout above the upper trendline suggests the potential for a sustained upward move.

Disclaimer:
This is for educational purposes only and not financial advice. Trading involves substantial risk, and past performance is not indicative of future results. Always perform your own analysis or consult a financial advisor before entering any trades.
Note
Nearing target 1. Hence trail your SL
Note
Target 1 reached. Safe trader can exit and rest can trail with CTC
Note
Was very close to target 2. Hence move your trailing stop loss to 64,287.
Trade fermée: cible de profit atteinte
TSL hit. Hence this trade is successfully closed

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.