smarttrader012

Catching the Wave: BFIC/USDT Trade Setup

Lång
smarttrader012 Uppdaterad   
BITMART:BFICUSDT   BLOCKCHAIN FOUNDATION BFIC/TETHER USD
Welcome to my trade idea for BFICUSDT (BFIC/USDT), where I aim to capitalize on technical signals.


For our entry strategy, we have identified two potential points:

First Entry: Our initial entry point is at 9.8115. This decision is supported by a bullish 1-hour FAIR Value Gap (FVG) signal.

Second Entry: We will consider a second entry opportunity at 9.5002.
To mitigate risk, our stop-loss (SL) for both entries combined is set at 9.1682. Additionally, it's advisable to practice dollar-cost averaging (DCA) if the price retraces to 9.2716, further minimizing potential losses.

Regarding our target price (TP), we're eyeing the all-time high (ATH) at 39.9. While it's natural to anticipate when this level might be reached, it's essential to remain flexible. You have the option to take profits before the full TP is achieved, ensuring you lock in gains along the way.

In summary, we're riding BFIC/USDT with technical finesse, keeping our eyes on the charts. Stick to the plan, stay flexible, and let's ride those waves to profit town! 🚀📈


Like (boost), follow, comment and share this idea!!!

For the optimal TradingView experience, upgrade now to unlock the platform's full potential: www.tradingview.com/?aff_id=135...
Handel aktiv:
1st limit filled!
Kommentera:
Till now price is not showing a trendy movement. But I think when our 2nd limit is filled, than we will see a strong bullish trend. But this is just assumption
Frånsägelse av ansvar

Informationen och publikationerna är inte avsedda att vara, och utgör inte heller finansiella, investerings-, handels- eller andra typer av råd eller rekommendationer som tillhandahålls eller stöds av TradingView. Läs mer i Användarvillkoren.