Hello everyone this is my idea on bitcoin 1 hour time frame ..
Details are all on the chart ..
Price is stuck between black and green line and due for a breakout ..
same time RSI indicator can give us a hint where price will breakout ..
for any question feel free to ask :) and good luck
Details are all on the chart ..
Price is stuck between black and green line and due for a breakout ..
same time RSI indicator can give us a hint where price will breakout ..
for any question feel free to ask :) and good luck
Note
Price is finding some support around 38960 pivotal point where previous double bottom happened we could take profit here and move stop to entry point or stop loss is 1 hour candle close above black line and still target orange line
another good indicator is in the RSI the green line is breached
Trade closed: target reached
target reached :)
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.