BTCUSD - Analysis - April 22 2018

22 апр. 2018 г.

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 апр. 2018 г.

Сделка активна

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 апр. 2018 г.

Заметка

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

24 апр. 2018 г.

Сделка активна

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

24 апр. 2018 г.

Заметка

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 апр. 2018 г.

Сделка закрыта: достигнута тейк-профит цена

Position closed with partial target reached. Very well profit!