Bitcoin has strong momentum, breaking out strongly on the daily chart. The pullback to a long position is around 88190, with a stop loss near 87500. I personally prefer contrarian trading and have already positioned for short positions in the 92200-92800 range, with a stop loss at 93100. The target is to wait for a pullback confirmation. The second Bitcoin spike is intense and I prefer not to touch it. However, if the pullback to 3033 occurs, it is a very good long entry, with a stop loss at 3028.

BTC-1,27%
View Original
post-image
post-image
[The user has shared his/her trading data. Go to the App to view more.]
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)