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Bchusdtlong

BITCOIN SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARDBTCUSD SHOWING A GOOD UP MOVE WITH 1:8 RISK REWARD DUE TO THESE REASON A. its following a rectangle pattern that stocked the market which preventing the market to move any one direction now it trying to break the strong resistant lable B. after the break of this rectangle it will boost the market potential for break C. also its resisting from a strong neckline the neckline also got weeker ald the price is ready to break in the outer region all of these reason are indicating the same thing its ready for breakout BREAKOUT trading are follws good risk reward please dont use more than one percentage of your capitalfollow risk reward and tradeing rules that will help you to to become a bettertrader thank you
CRYPTO:BTCUSDLong
by tradergyan01
BCH/USDT: A Comprehensive Outlook for Traders and Investors In this technical analysis, we delve into the BCH/USDT trading pair to identify potential trading opportunities for both aggressive players and long-term investors. 1. Resistance Area - 250-257: The BCH/USDT pair encounters a robust resistance zone between 250 and 257. Historical data indicates that price movements tend to stall or experience pullbacks around this level. Traders should approach long positions with caution, as the price may struggle to break through this barrier in the short term. 2. Aggressive Shorting Opportunity at 235-240: For aggressive players, shorting opportunities arise at the current price levels of 235-240. As the price approaches the upper range of the resistance area, bearish sentiment could intensify, leading to potential short-term declines. 3. Expected Correction to 195-200 Levels: Our analysis suggests an impending corrective phase for BCH/USDT, with the price likely to correct towards the support levels of 195-200. 4. Favorable Buying Area - 140-150 Levels: A compelling buying opportunity emerges at the 140-150 support range. Long-term investors seeking to build positions in BCH may find this area advantageous for accumulating assets. Remember to adopt prudent risk management strategies to maximize gains and mitigate potential losses. Stay informed, and happy trading!
Short
by Un_trade