BTC price currentl moving down towards a big support level that generated the last ATH.
I marked 3 Zones where i will buy equally amounts for a long term hold. Target is the orange rectangle (Target Zone).
Favorite Zone is Buy Zone 1 as it has a nice confluence with the 50% of the current range and as mentioned above its from where the last ATH (all_time_high) was created from. Its where my biggest buy orders are placed.
Reason for the target zone is that BTC in my expierence likes to create engulfed tops / bottoms and retests them before further movement.
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
I marked 3 Zones where i will buy equally amounts for a long term hold. Target is the orange rectangle (Target Zone).
Favorite Zone is Buy Zone 1 as it has a nice confluence with the 50% of the current range and as mentioned above its from where the last ATH (all_time_high) was created from. Its where my biggest buy orders are placed.
Reason for the target zone is that BTC in my expierence likes to create engulfed tops / bottoms and retests them before further movement.
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
Zlecenie aktywne
1/3 position filledUwaga
2/3 position filled (i placed 3 orders at the top, center and bottom of buy zone 1Uwaga
3/3 was filledUwaga
Price approaching buy zone 2Uwaga
Again 3 orders placed at the top, center and bottom of buy zone 2Uwaga
Postion 3 of 3 filled at buy zone 2
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.