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ForecastCity_ME
Nov 10, 2020 11:24 PM

💡Don't miss the great buy opportunity in BTCUSD Long

Bitcoin / U.S. dollarBitstamp

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (15183.9). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 50.

Take Profits:
TP1= @ 15455.30
TP2= @ 15969.40
TP3= @ 17072.50
TP4= @ 18691.20

SL= Break below S2

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Comments
DenizKilicDeniz
Very nice chart. Good analysis
ForecastCity_ME
@DenizKilicDeniz, Thanks for your comment. We appreciate it.
sofi_Morphy
Brilliant explanation. Thank you.
ForecastCity_ME
@sofi_Morphy, You're welcome! Thank you as well for your support.
malkeetiqoption
Now we buy it or not for intraday
substantialFer60710
Your analysis always good
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