BTCUSDT
Hi guys , how u doing ? I hope you're well and be progressing everyday .
Let's see the BTC chart in 4h timeframe .
- Bitcoin is moving in a descending channel
- the last resistance that bitcoin has seen was 45000
- now the price is moving up to our entry target which is 45000
- 45000 is in the top of our descending cannel and also there is resistance
-- we better keep it in our watchlist and wait for bitcoin to touch our target , but we not gonna enter the position without price action to that range (45000) and also we need to take confirmations and then enter the position
!!! Remember that bitcoin is so risky for traders , so don't forget about SL at all and have a nice money and risk management !!!
what's your idea ??
we'd be glad to see your idea in comments .
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* this is just a personal analysis and this person has no responsibility of your trade and risk !