BTCUSDT 4H trend chart - BTC is forming a potential double bottom on 4H. Resistance will be 38769, pattern will complete once price break out it. If BTC can take out the resistance, trading strategy as below. - Profit Targets: a) 39661~40221.5----Fib(1.272~1.382) b) 40795----Fib(1.618) c) 42047.5----Fib(2)
Stop losses: a) 36632----Red horizontal ray - If you like this analysis, smash the "like button" and leave a comment below to share your thoughts or let me know what crypto you want to see!
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