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ForecastCity
Nov 16, 2020 5:04 PM

💡 Don't miss the great buy opportunity in Bitcoin (BTCUSDT) Long

Bitcoin / TetherUSBinance

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (16439.0). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. BTCUSDT is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 76.

Take Profits:
TP1= @ 16991.70
TP2= @ 17220.00
TP3= @ 17575.00
TP4= @ 18008.50
TP5= @ 19419.35

SL= Break below S2

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Comments
Kamryn
Thanks. I like this chart.
ForecastCity
@Kamryn, You're very welcome!
Pro_Trader_007
Upvoted! 👌
ForecastCity
@Pro_Trader_007, Thanks!

We're glad you liked it.
ConnorNix
This played out perfectly 👌 great analysis! As always
ForecastCity
@ConnorNix, Thank you for your feedback. We appreciate it.
Josef_anderson
I appreciate it. Excellent charting!
ForecastCity
@Josef_anderson, We hope you get the most out of it.
Thanks.
Kristalyn
It was very helpful. Thank you so much
ForecastCity
@Kristalyn, You're welcome! We're glad you liked it.
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