BTCUSDT - BULLISH OUTPLOOK
BTCUSDT is currently displaying a series of lower lows (LL) and lower highs (LH). However, there's a notable bullish divergence on the 1-hour time frame, indicating potential strength for a bullish reversal.
Consider entering a long position on BTCUSDT breaks above the last lower high. Place a Buy Stop order at 41580 with a stop loss (SL) at 40290 to effectively manage risk.
The suggested take-profit (TP) level is set at 1:1 risk-reward ratio:
Take Profit 1 = 42870
This trading strategy aims to capitalize on a potential bullish reversal. As with any trade, closely monitor the market and adjust your strategy accordingly based on evolving price action
Consider entering a long position on BTCUSDT breaks above the last lower high. Place a Buy Stop order at 41580 with a stop loss (SL) at 40290 to effectively manage risk.
The suggested take-profit (TP) level is set at 1:1 risk-reward ratio:
Take Profit 1 = 42870
This trading strategy aims to capitalize on a potential bullish reversal. As with any trade, closely monitor the market and adjust your strategy accordingly based on evolving price action
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.