đą BTC is taking back control on the 1h, we're at 77408.8.
EMA 9 is holding clear of both the 21 and the 50. VWAP at 70385.8 acts as support as long as we stay above it. SuperTrend has flipped bullish with its pivot at 76416.67. We get a bullish engulfing on the last candle, bullish read.
A buy signal at 60 out of 100 from the engine, nothing more than that.
Here's the plan I'm following, long side. Entry 77408.8, stop 76639.99, first target 78562.01 and second target 79715.22, which gives a risk to reward of 1.5 on the first one.
If we close back below 76416.67, I drop the idea. đ
What do you think about this ?
Personal analysis, not financial advice. Always do your own research
$BTC #BTCđ„đ„đ„đ„đ„
EMA 9 is holding clear of both the 21 and the 50. VWAP at 70385.8 acts as support as long as we stay above it. SuperTrend has flipped bullish with its pivot at 76416.67. We get a bullish engulfing on the last candle, bullish read.
A buy signal at 60 out of 100 from the engine, nothing more than that.
Here's the plan I'm following, long side. Entry 77408.8, stop 76639.99, first target 78562.01 and second target 79715.22, which gives a risk to reward of 1.5 on the first one.
If we close back below 76416.67, I drop the idea. đ
What do you think about this ?
Personal analysis, not financial advice. Always do your own research
$BTC #BTCđ„đ„đ„đ„đ„
