TradingView
ForecastCity_ME
Sep 7, 2020 8:33 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 (10004.00).
. 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 46.

Take Profits:
TP1= @ 10628.00
TP2= @ 10841.00
TP3= @ 11124.00
TP4= @ 11632.00
TP5= @ 12050.00

SL= Break below S2

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Comments
Kristalyn
Very nice chart.Good analysis
ForecastCity_ME
@Kristalyn, Thanks for your comment
ForecastCity_ME
@Kristalyn, We wish you all the best with your trades.
Josef_anderson
Good job!
ForecastCity_ME
@Josef_anderson, Thank you
ForecastCity_ME
@Josef_anderson, We appreciate your support
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