BTCUSD TECHNICAL ANALYSIS (READ CAPTION)

4 days ago

hello my fellow traders, what do you think about btcusd kindly share your opinion in the comment section.

current price: 107500

after hitting all time high a strong bearish pullback is possible. market will retrace back upto 103600 then it will use this position as a support zone to go further high. currently market's target is 103600 which is our demand zone.

key points:

demand zone: 103600
retracement area: 107500, 108000

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3 days ago

Trade active

265 pips achieved from our retracement area of 108350 to 105700. btc has dropped 2650$, so technically we achieved 265 pips. our 103600 target is still valid. more retracement is expected.

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3 days ago

Trade closed: target reached

103600 target achieved. total pips gained 475 from 108350 to 103600.

guys we achieved our btcusd sell retracement target of 475 pips. kindly follow us for more updates.

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