BITCOIN is eyeing 30000.00 20% Growth was expected from 25000.00
BTCUSD
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⏳Daily chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
—————-❇️——————-
Detailed analysis 💬
1️⃣ Bitcoin broke the previous high level-19700.00
2️⃣ Parabolic moves/Curvature support
3️⃣ 4000.00 acted as strong support
4️⃣ 25000.00 Dynamic support and resistance
5️⃣ Strong demand for crypto's (Bitcoin,Ripple,Tether,Etherium etc.,)
6️⃣ 127.20% Fibonacci around 25000.00
7️⃣ Technical support - strong bullish
8️⃣ 30000.00 will acted as key reversal-Bullish
9️⃣ 161.80% 31760.00 Decent upside swing target
🔟 Series of bitcoin halving and rising patterns
#️⃣ Overall trend- bullish
—————-❇️——————-
📉 Technical bias-Day-Bullish
Price is below 50,100,200 Exponential moving average
Ichimoku cloud -cloud is still green-Middle line supports bullish trend
Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected (least chance)
Relative strength index - Reached around 75 - Overbought territory
MACD -Is still green and well above the signal line, Oscillators about to cross
Stochastic - Reached around 85- overbought condition will give a short term fall back expected
—————-✳️——————-
Key reversal area's
25000.00 psychological level
617.00 Point of control area Volume analysis(least chance to reach)
19700.00 Previous time high
10600.00 50% Fibonacci retracement level
30000.00 Major resistance level
25000.00 Possible entry- Bullish
30000.00 Reversal area/Key psychological level/Key turn level
—————-✳️——————-
Bullish entry #bitcoin #btcusd
Entry price - 25000.00
Take profit 01 - 27500.00
Take profit 02 - 30000.00
🚫 Stop lose 24000.00
⬆️ 20.00% Growth expected
⤴️ Account growth 4: 20
✅ Risk reward ratio 1 : 5
—————-⚜️——————-
Push the like button , And cheer up if you found useful
*********
⏳Daily chart
🎲 Possible entry analysis
⛳️ Possible bull/bear target
📚Educational
—————-❇️——————-
Detailed analysis 💬
1️⃣ Bitcoin broke the previous high level-19700.00
2️⃣ Parabolic moves/Curvature support
3️⃣ 4000.00 acted as strong support
4️⃣ 25000.00 Dynamic support and resistance
5️⃣ Strong demand for crypto's (Bitcoin,Ripple,Tether,Etherium etc.,)
6️⃣ 127.20% Fibonacci around 25000.00
7️⃣ Technical support - strong bullish
8️⃣ 30000.00 will acted as key reversal-Bullish
9️⃣ 161.80% 31760.00 Decent upside swing target
🔟 Series of bitcoin halving and rising patterns
#️⃣ Overall trend- bullish
—————-❇️——————-
📉 Technical bias-Day-Bullish
Price is below 50,100,200 Exponential moving average
Ichimoku cloud -cloud is still green-Middle line supports bullish trend
Bollinger band- Price reached around the upper side of the band-Short term bearish correction towards middle band was expected (least chance)
Relative strength index - Reached around 75 - Overbought territory
MACD -Is still green and well above the signal line, Oscillators about to cross
Stochastic - Reached around 85- overbought condition will give a short term fall back expected
—————-✳️——————-
Key reversal area's
25000.00 psychological level
617.00 Point of control area Volume analysis(least chance to reach)
19700.00 Previous time high
10600.00 50% Fibonacci retracement level
30000.00 Major resistance level
25000.00 Possible entry- Bullish
30000.00 Reversal area/Key psychological level/Key turn level
—————-✳️——————-
Bullish entry #bitcoin #btcusd
Entry price - 25000.00
Take profit 01 - 27500.00
Take profit 02 - 30000.00
🚫 Stop lose 24000.00
⬆️ 20.00% Growth expected
⤴️ Account growth 4: 20
✅ Risk reward ratio 1 : 5
—————-⚜️——————-
Push the like button , And cheer up if you found useful
Trade closed manually
