Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (29940).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Bitcoin/Tether is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic...
So as previously told 28 target was confirmed by me.
Here the following Price prediction for the market as of now.
You Buy opportunity is at $27900 approx. (Basically buy under 28k)
And the see opportunity is at $30600 approx. (Sell above 30k)
OANDA:BTCUSD
this rally started from 4000$ and now it might take pause near 30000$ as per this one of strongest harmonic pattern. so whoever hold it since long can book if find reversal and one can short as well as per their trade set up.
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (13601.0).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD 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...
Bitcoin's previous swing high was at 13880. For fresh buying it is only recommended when it breaches this level and retests.
Momentum is very strong but if BO comes it might not sustain much as it requires some consolidation to breach such resistance.
Note : This idea is for only educational purpose. Dont make any position based on this analysis.
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (10371).
. 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...
Second Chance Trade Setup summary:
Profit targets=76% = {TP1= 6% + TP2= 8% + TP3= 11% + TP4= 16% + TP5= 20%}
Stop Loss =5%
Reward/Risk > 15.2 : 1
New Trading suggestion:
". There is still a possibility of temporary retracement to suggested support line (10004.00) again.
if so, traders can set orders based on Price Action and expect to reach short-term...
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (10004.00).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support lines. if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance. ...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (8953.78). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic...
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (8927.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. BTCUSD 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....
Midterm forecast:
While the price is above the support 7446.80, resumption of uptrend is expected.
We make sure when the resistance at 9243.50 breaks.
If the support at 7446.80 is broken, the short-term forecast -resumption of uptrend- will be invalid.
Technical analysis:
The Falling Wedge taking shape and as a bullish pattern suggests we will soon see another...
