Very bullish market, High probability if we can close on the weekly candle above 115.00 Please use your own judgement and manage your risks correctly before making any trade
Two trading ideas which could go either way, My sentiment is currently a sell These are long term ideas on the weekly chart We can look to enter a sell trade if market continues to sell off. Entry 1.33240 SL 1.35785 TP 1.26725 If the market closes 1.35500 on the weekly candle we can look for a buy LONGS Entry 1.35500 SL 1.33120 TP 1.43420
On the weekly chart, Lower highs/lows We can aim for 1700 area for a take profit.
With bitcoin rejecting 42k since it's fall to 30k, then falling short with an attempt later on, we can see another push to the 40-42k area before a big rejection down to 29-30k again, with a small pull back to 35k before possibly going down to 24-25k area. Just my prediction this is not financial advice
Good probability of price going down to 1.3300 which is a strong s/r zone Open sell if market opens lower than previous close. Use correct risk management only risk max 2% of your capital on this trade. If you agree please like the idea
Sell on price rejection 1% Risk 40 pip SL Set your take profits higher if you wish. This is a week long idea.