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Thursday, December 1, 2022

BTCUSD Potential for Bullish Rise | 1st December 2022

BTCUSD Potential for Bullish Rise | 1st December 2022

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Looking at the H4 chart, my overall bias for BTCUSD is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Looking for an immediate buy entry at 17246.66, slightly above where the 23.6% Fibonacci line is. Stop loss will be placed at 16004.00, where the previous swing low is. Take profit will be at 18595.60, where the 50% Fibonacci line is.

Via TradingView Ideas https://ift.tt/6h0b5Ne

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