Forum

BTCUSD technical an...
 
Notifications
Clear all

[Solved] BTCUSD technical analysis

2 Posts
1 Users
0 Likes
41 Views
Lens
Posts: 14
 Lens
Topic starter
(@lens)
Active Member
Joined: 1 year ago

I have pulled 3 consecutive successful trades today. I used a 4-hr time frame. Bitcoin has a new support zone at $41713.13 and it seems the bulls are holding the support zone very strongly.  I took a buy order position  and  my TP ( take profit) is $42130 on  a 4-hr time frame using the candlesticks pattern.

The shadow of the previous candlestick showed a strong buying pressure. So, that's the reason why I tool a buy position. Attached is the candlesticks chart analysis. 

 

1 Reply
Lens
Posts: 14
 Lens
Topic starter
(@lens)
Active Member
Joined: 1 year ago

I won the trade. The wick of the candle hits the TP and the trade was cancelled keeping the profit. This is the fourth consecutive successful trade.

Reply
Share:
Share this