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BTCUSD Overview : Levels to add Long

BTCUSD Overview: Levels to add Long

Published 04-15-2018

Personally, I -and any member of our team- do not believe the coins. At least, “not in this decade”.

However, we are getting questions from our members.

I will try to look at the short-term picture in the most simple way.

Too many words do not mean too much wisdom.

Last week, we have published an idea based on Bullish Flag and trade reached the target.

BTCUSD Bullish Flag And Long Opportunity Update: Target 1 Reached 270 pips

In the Daily Chart; we see a Bullish I SHS pattern.

As seen in the H4 Chart, the price reached the short-term supply zone.

Breakout and closing above 8.300 will confirm 9.200-9400.

If you are looking for a fresh buying opportunity, we suggest buying the breakout of 8.300.

Trade is active and you can follow the updates:

https://www.tradingview.com/chart/BTCUSD/ITbRbvzF-BTCUSD-Overview-Levels-to-add-Long/ 

 

BTCUSD H4 CHART

DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money

 

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BTCUSD :  Forex Trading involves risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these securities. You should do your own thorough research before making any investment decisions. Chartreaderpro does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Forex involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility.

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