7$BTC
– An upward momentum is forming
After a drop to the level of 114,259, BTC rebounds again with strong candles. The bulls intervene once more, showing early signs of another bullish arm.
Trade Setup
Entry Area: 114,600 to 114,750
Stop Loss: Below 114,100
Target 1: 115,200
Target 2: 115,800
Target 3: 116,500
Risk Management Advice
Use an appropriate position size. Only risk a small portion of your capital on each trade. Once the first target is reached, move the stop loss to the entry point to reduce exposure and secure profits.
Let the trend guide you. Be patient and protect your capital.