Nice Day trade on the Bitcoin 30 minute chart here.
This 4500 level looks critical. WE had a nice run from 4340 to 4460, a healthy consolidation flag and now we are attacking that 4500 level.
If we can breakout above 4480, then I think we will see a continuation to the upside.
Long above 4480 for an attack on the 4500 level
Target 1: .618 Fib retracement at 4540
Target 2: Measured move at 4580
Stop: Under consolidation at 4420, then on break of 4500 level, raise stop to break even at 4480
!! PM me with any trading questions !!
MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections, measured moves, support and resistance.
Successful trading means proper risk sizing and trading small so you can stay in the game.
This 4500 level looks critical. WE had a nice run from 4340 to 4460, a healthy consolidation flag and now we are attacking that 4500 level.
If we can breakout above 4480, then I think we will see a continuation to the upside.
Long above 4480 for an attack on the 4500 level
Target 1: .618 Fib retracement at 4540
Target 2: Measured move at 4580
Stop: Under consolidation at 4420, then on break of 4500 level, raise stop to break even at 4480
!! PM me with any trading questions !!
MY TRADING METHOD:
I keep my analysis simple. Good analysis always is.
I use Price Patterns, Moving Averages, and RSI for my analysis.
I use the 1 day for trend analysis and 60 minute for trade entry
For my Targets I use Fibonacci projections, measured moves, support and resistance.
Successful trading means proper risk sizing and trading small so you can stay in the game.
Comentarios:
First target reached. Great success! Holding a little for the second target.
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Sign up to TradingView charts:
tradingview.go2cloud.org/SHxi
Sign up for TastyWorks - The Broker of the Future:
start.tastyworks.com/
Twitter:
@BerlinTrader591