BTCUSD - Analysis - April 22 2018

22 thg 4, 2018

BTCUSD - Analysis - April 22 2018

We have a descending consolidation triangle, which we need to break and confirm the direction of the price. The Fundamental news are very positive, so most likely we will go up!

MT4 indicator data points towards continued growth after a small bounce back from the green Moving Average line! Image for current chart, also there is definite support which we are currently pushing off from, 1 HOUR timeframe: ibb.co/dsAYeH

Overall it seems like a bullish movement, however there is a very strong resistance at $9,000, if a confirmed break of 9k happens, we will see a strong growth!

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22 thg 4, 2018

Giao dịch đang hoạt động

Have set a STOP-BUY order at $9,074 if break through 9k confirms.
STOP-LOSS: $8778
TAKE-PROFIT: $9484

will possibly do stop-trailing + increasing the take profit if strong growth continues

23 thg 4, 2018

Ghi chú

It is still a triangle with still very strong 9k resistance, stay put!

24 thg 4, 2018

Giao dịch đang hoạt động

Here is the expected strong move up, position is opened!

24 thg 4, 2018

Ghi chú

With daily chart pointing to a possible reversal we updated the stop-loss to: $9173, since the position is well into profits and it won't be wise to risk those profits in current situation.

24 thg 4, 2018

Đóng lệnh: đạt mục tiêu

Position closed with partial target reached. Very well profit!