CryptoPatel

Bitcoin Perfect Entry Point and Waiting for a Perfect Target

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
#BTCUSDT TA Update:-

$BTC Long Term Spot Analysis :-

- Bitcoin Currently trading at $41400
- Strong bounced back from Support level $38000
- Many Long and Short Traders Liquidated in this recent Pump and Dump.
- I am expecting Big Upward move from here.
- Never open any trade Without Exit plan.
- 1st Resistance is $42000
- If break This level then we can see $48000
- Last Target of this Channel could be $52800
- HTF ( High Time Frame ) Forming Bear Flag in Bitcoin Chart.
- So $52800 Is very Important level for Bull and Bear.
- Fir me Bear Flag Target is $24000
- $100k Target only activated of BTC break $52800 Resistance level.
- For now I bought some BTC around $40000 ( Spot )
- My Stop Loss is $38500
- Perfect Chart of HH & HL
- 400EMA Support:- $35065
- 200EMA Resistance:- $42467

Never Trade Blindly.
And Never Trust on Moon Boys.
Always open any trade after Confirmation.

Support:- $37000-$38000
Resistance:- $42000/$48000/$52800

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