Bitcoin (BTC) formed bullish Butterfly for upto 20% move
Hi dear patrons, hope you are well and welcome to the new trade setup of Bitcoin BTC .
Previously we had a nice harmonic trade of Bitcoin:
Now on a daily time frame, BTC has formed bullish Butterfly pattern.
Buy between: $57633 to $54518
Sell between: $60050 to $65900
Stop loss:
Stop-loss can be set below the maximum extent of buying zone which is $54518
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 20.5% and a loss possibility is 6%.
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
Previously we had a nice harmonic trade of Bitcoin:
Now on a daily time frame, BTC has formed bullish Butterfly pattern.
Buy between: $57633 to $54518
Sell between: $60050 to $65900
Stop loss:
Stop-loss can be set below the maximum extent of buying zone which is $54518
Possible profit and loss ratio:
As per the above targets, this trade has a profit possibility of up to 20.5% and a loss possibility is 6%.
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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