EchoFoxSierra

BTC short term trade idea for 10-20% gain

EchoFoxSierra Mis à jour   
BINANCE:BTCUSDT   Bitcoin / TetherUS
In a downward channel on the daily and 4 hour. Looking at 10k big round number and 9500 and 9000 demand and previous low levels. Lots of good bounce areas under this area too that could catch the "falling knife". A heavy volume spike coming into the entry area would help in getting momentum to bounce.

Look at 3 entries: 10k, 9500, 9000 and target 11k, 11500 and 12k.
Commentaire:
10k round number nice entry for a healthy bounce. I don't know if it will hit 11k right away, but on the hourly, we had divergence, volume spike at the 10k level and a close of a pinbar. That's what I like to see!
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.