🔔🔔🔔BTC/USD news:
➡️ Bitcoin hit a new all-time high of $122,500 on Monday, breaking through a key psychological level. The rally was fueled by strong technical indicators and sustained buying pressure. The bullish outlook remains intact, with momentum indicators still showing strength and price action entering a price discovery phase.
Personal opinion:
➡️ BTC is in extreme overbought territory, so the sellers are starting to act. BTC will have a corrective move down before thinking about continuing to increase in price.
➡️ Analysis based on important support resistance and Fibonacci levels combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Sell BTC/USD 122,200 - 122,400
❌SL: 122,700 | ✅TP: 121, 600 – 121, 050
FM wishes you a successful trading day 💰💰💰
➡️ Bitcoin hit a new all-time high of $122,500 on Monday, breaking through a key psychological level. The rally was fueled by strong technical indicators and sustained buying pressure. The bullish outlook remains intact, with momentum indicators still showing strength and price action entering a price discovery phase.
Personal opinion:
➡️ BTC is in extreme overbought territory, so the sellers are starting to act. BTC will have a corrective move down before thinking about continuing to increase in price.
➡️ Analysis based on important support resistance and Fibonacci levels combined with EMA to come up with a suitable strategy
Personal plan:
🔆Price Zone Setup:
👉Sell BTC/USD 122,200 - 122,400
❌SL: 122,700 | ✅TP: 121, 600 – 121, 050
FM wishes you a successful trading day 💰💰💰
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✅ t.me/+Y9T5_BwC7_JhMWM1
Join now !!!!
Channel: signals - knowledge and FOREX comments
Join now !!!!
Channel: signals - knowledge and FOREX comments
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.