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21.10.202111:32 Forex Analysis & Reviews: Trading idea for Bitcoin

Exchange Rates 21.10.2021 analysis

Bitcoin hit a new all-time high on Wednesday, accomplishing the plan presented last June 22. It allowed traders to close long positions from six months ago and gain very good profit.

Plan:

Exchange Rates 21.10.2021 analysis

Result:

Exchange Rates 21.10.2021 analysis

Congratulations to those who followed the strategy! Bitcoin performed impressively, moving by as much as 350,000 pips.

For those who did not close longs, it is recommended to do so at current prices.

This analysis is based on the Price Action and Stop Hunting strategies.

Good luck and have a nice day!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Andrey Shevchenko,
Analytical expert of InstaForex
© 2007-2022
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