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A clear confirmation that Bitcoin is ready to takeoff!!!!

BTCUSDFollowing yesterday's idea about Bitcoin's reversal, we clearly saw a swift rejection of the 40K level with dragonfly doji (circled in green) yesterday! This clearly confirms that it is indeed an order block! We still have the chance of entering now because the P/L ratio would still be high! All oscillators confirmed that Bitcoin is highly oversold, meaning that correction will come very soon and the bullish momentum will be substantial. Suggested levels for this opportunity:

Entry: 40,000-45,000
SL: 36,000 (or lower)
TP: 60,000 (or higher)
P/L ratio: 5X +


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Taking this opportunity requires holding for at least 3 weeks if not more, but with patience, the price should reach the target. If you decide to take this opportunity, always use risk management and don't risk more than 1% of your capital per position. Don't risk what you cannot afford to lose. If you like the idea, please like it and follow us for more ideas! Happy trading from the AIE family and have a great day!


DISCLAIMER: ‘CFDs’ are complex financial products that are traded with leverage. Trading CFDs carries a high risk and it is possible to lose all your capital. CFD's may not be suitable for everyone and you should ensure that you fully understand the risks involved before taking any trade. All information on this page is provided for information purposes only and is not intended to be a recommendation or advice. No past performance or simulation of past performance guarantees future success.
Beyond Technical AnalysisBitcoin (Cryptocurrency)moneyprofitabletradingTrend AnalysisWave Analysis

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