BTC USDT 4H

Hi everyone
there is 2 scenarios on my chart:
1- the 4h price candle close up to 26400 then we can expect 28600 for next target.
2- the price can not cross over my blue box zone so we can expect it declines to 24100 level.
then we should see if it declines more or pulls back to 28600 target
Indicators .................................
MACD is positive now but shows some weakness to keep moving up. the price upon ICHI cloud absolute positive
but may change the situation in coming hours, so lets see.

Enjoy the market

Handel aktiv:

Handel aktiv:

still has a chance to hit 28600 or more

Trade stängt: målet nått:

target almost hit but trade is not closed yet. still has room to go up. next target would be 29800 if keep moving upward and I assume this target would be the last target before deep correction.

Handel aktiv:

upward pressure can keep going to the last target area before any deep correction

Trade stängt: målet nått:

target reached, it's time to set your trailing stop , we may keep moving upward so I'm not saying close your long position but setting a proper stop could save you if sudden drop happens. "Enjoy the market"

Handel aktiv:

next target would be around 35000$, it seems the price action is too strong, but set your trailing stop as I mentioned.

Handel aktiv:

next target is around 35300, our support line is 31800 now

Trade stängt: målet nått:

my last target just hit, it's not easy to say where is the next target right now so just set your trailing stop based on ATR indicator(1.55 ATR ).
Enjoy the market

Kommentera:

s3.amazonaws.com/tra...shots/g/gu7GEyCV.png

Kommentera:

temp correction but if loose the support area could decline more to the levels below

Kommentera:

downward pressure can keep moving to the blue area between 26400 and 29800