Indice BitcoinLong
#XBTUSD update
hey guys this is an update on long #XBTUSD call from 9080-9250,
looks like we're going through a flat correction and now we're in wave c, most likely the end of subwave 4, and in a flat correction a usually wave c could travel upto 100-127.2% of wave A which in this case could end up around 8735 and this level is below our stop loss which is at 8780.
also we're getting a 55 EMA support in 4h chart around 8750, so there's a high probablity that prices could drop to this level and bounce back from here, so without taking anymore risks am now moving my stop loss to 8700 which is in a safe zone to rescue my position
looks like we're going through a flat correction and now we're in wave c, most likely the end of subwave 4, and in a flat correction a usually wave c could travel upto 100-127.2% of wave A which in this case could end up around 8735 and this level is below our stop loss which is at 8780.
also we're getting a 55 EMA support in 4h chart around 8750, so there's a high probablity that prices could drop to this level and bounce back from here, so without taking anymore risks am now moving my stop loss to 8700 which is in a safe zone to rescue my position
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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.