BTC Resistance and Support - part 2

11개월 전

Continuing from yesterday's trade (image below) I was expecting a bounce on the 11,100.


It went below 10,700 but it is nice to see there was a bounce, this confirms that the trend line and support at 10,800 held.

A trading possibility is to long here with a target of 12,300 possible TP at 11,900 and of course a stop loss at 10,769. You can use an oscillator like RTS or Stochastics on a 15 min chart to find a good entry point.

DISCLAIMER: As usual do your own research, you are all grown up and responsible. I am not a financial advisor and always with high volatile investments, there is a high risk involved. Trade responsibly and never invest money you are not comfortable with losing.

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