Weak Price Action ▶️ Strong Price 🟢 Bulls're Back 🐂 TP: $37500

Jul 2, 2021

Weak Price Action ▶️ Strong Price 🟢 Bulls're Back 🐂 TP: $37500

"The price action is boring, but that's good news for Bullish traders."

We predicted the long from $33100 to $36500 in our Idea: Resume Bullrun 🐂 Historic Support 🟢 TP1 ✅ Go for TP2 🤔
We saw the short from $36500 to $32800 in our following Idea: Surprise Short 🔥 Bulls Are Alive, But Sick 🩸
And we were wrong because we thought that we would hit $40 000 this week.

But that is your good news.
While traders complain about "weak" price action, the price gathers strength.

KEY POINTS:
- RSI is Bullish
-- Bears lost Momentum
- Price Action hit Double Support: Historic Support Area, Channel Lower Support
-- Bounce confirmed
- Volume is too low for a down break
-- What is more, whatever volume we see favors Bullish

The funding rate favors the Bullish side.

We Take Profit on our previous short and open a "long" here:

Leverage: x20
Pair: BTC/USDT
Side: Bullish/Long
Entry: $33 200
Target: $37 500
Stop Loss: Daily close below $29 000 + 6 six hours

Jul 2, 2021

Trade active

Leverage: x20
Pair: BTC /USDT
Side: Bullish /Long
Entry: $33 200
Target: $37 500
Stop Loss: Daily close below $29 000 + 6 six hours

Jul 6, 2021

Note

If you copied our Trade, you've got +48% so far.
I believe we can congratulate each other 💸

Jul 10, 2021

Note

Look how well our Support Area trapped the Bears, and now, our followers' diamond hands are in piles of profit!

Jul 11, 2021

Trade closed: target reached

We've Taken Profit on all Longs.

Aug 3, 2021

Note

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