moon333

Bitcoin (BTC) | formed bullish Cypher for upto 11% move

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hey friends, hope you are well, and welcome to the new update on Bitcoin (BTC).

Previously we had a nice harmonic trade of Bitcoin:

This time on the daily frame chart, the price action of BTC has formed bullish Cypher pattern.


Buy and sell targets:
Buy between: $35698 to $34678

Sell between: $36500 to $38428

Stop loss:
The maximum extent of potential reversal zone $34678 can be used as stop loss.

Possible profit and loss ratio:
As per the above targets, this trade has a big profit possibility of 11%, and the loss possibility is 3.


Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.

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