If the price closes above 59,100 with a strong candle for 1 hour or at least 15 minutes,
then a Long entry can be considered.
Entry: 59,100-59,150
Stop Loss: 58,850
Take Profit 1: 59,350
Take Profit 2: 59,600
If the price closes below 58,850, then a Short
may seem more suitable.
Entry: 58,800-58,850
Stop Loss: 59,100
First 58,200 58,500: Take Profit
Since BTC moves very fast, it is not safe to provide a guaranteed Buy or Sell signal based on just one screenshot. Always use a Stop Loss and risk only a small portion of your capital in a trade.
then a Long entry can be considered.
Entry: 59,100-59,150
Stop Loss: 58,850
Take Profit 1: 59,350
Take Profit 2: 59,600
If the price closes below 58,850, then a Short
may seem more suitable.
Entry: 58,800-58,850
Stop Loss: 59,100
First 58,200 58,500: Take Profit
Since BTC moves very fast, it is not safe to provide a guaranteed Buy or Sell signal based on just one screenshot. Always use a Stop Loss and risk only a small portion of your capital in a trade.