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BTCUSDTPERP PERPETUAL MIX CONTRACT
Long

BTC - reversal in sight?

121
Seeing:

  • A bounce off the downtrend
  • A bounce from the wick on 25th Jul
  • A touch off the .786


Conclusion:
If the daily/weekly candle can flip green this would be a bullish setup for Bitcoin.

Where next?

  • There is a liquidity zone @ 120K so this would be the next immediate target
  • Next zone up would be 125K


Strength_in_numbers
FibonacciSupport and ResistanceTrend Lines

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FibonacciSupport and ResistanceTrend Lines
Strength_in_numbers

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.