Trading Signal For BTCUSD & ETHUSD

Bybit
Bybit
Sep 1, 2018 · 2 min read

NIKO Picasso:

BTCUSD price has been trending up since last week. Based on the current price I would normally expect the price to pullback, short before breaking the current resistance line. For this reason as BTCUSD has clearly showed us that its in an up trend i would advise to wait for the resistance price to break at 7126.19, an d wait for a small pullback before the entry point as BUY trade at around the same price of the break 7126.19.

ETHUSD price has also shown up trend on the higher time frame, they are currently testing level they could use as resistance. But based on the last higher lows we could expect a break above the entry price long at 288.05 entry price for this long opportunity would be at 288.05 with stop loss at 279.02 and take profit set at 298.03

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Bybit

Bybit is a cryptocurrency derivatives exchange with 100x leverage BTCUSD perpetual contracts; providing a fairer, faster, and more human trading environment. With a matching engine 10x the industry speed, 24/7 multilingual CS, and an advanced order system. www.bybit.com

Bybit

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Bybit

Cryptocurrency Derivatives Exchange

Bybit

Bybit

Bybit is a cryptocurrency derivatives exchange with 100x leverage BTCUSD perpetual contracts; providing a fairer, faster, and more human trading environment. With a matching engine 10x the industry speed, 24/7 multilingual CS, and an advanced order system. www.bybit.com

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