Don't miss the great buy opportunity in BTCUSD Long

Bitcoin / U.S. dollarBitstamp

Description

⋅ Jul 6, 2020 1:14 PM

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (9096.0). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 67.

Take Profits:
TP1= @ 9303.0
TP2= @ 9484.0
TP3= @ 9791.8
TP4= @ 10009.5
TP5= @ 10497.5

SL= Break below S2

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Comments

Best_Forecast

⋅ Jul 6, 2020 4:36 PM

I like your Ideas very easy to understand!

Thanks for sharing!

Pro_Trader_007

⋅ Jul 6, 2020 1:55 PM

I got a huge profit from this forecast.

Forecast_Crypto

⋅ Jul 6, 2020 1:51 PM

nice chart and Analysis

Mehmetozdemi

⋅ Jul 6, 2020 1:28 PM

Love the clean analysis, very nice

Shiva_forex

⋅ Jul 6, 2020 1:22 PM

Thanks for the well illustrated map and profit takings I must say it moves very slowly Still not in profit but hope