Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9096.0). 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 67.
Take Profits:
TP1= @ 9303.0
TP2= @ 9484.0
TP3= @ 9791.8
TP4= @ 10009.5
TP5= @ 10497.5
SL= Break below S2
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Bitcoinforecast
Don't miss the great buy opportunity in BTCUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (9513.5). 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.
. The RSI is at 41.
Take Profits:
TP1= @ 9796.5
TP2= @ 9868.0
TP3= @ 10001.0
TP4= @ 10380.0
SL: Break Below UpTrend
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
LONG BTCUSDI hope you can now see how the BTCUSD represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favour.
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these CHART are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
BTC breakout pointBulls have to step in to defend their territory, otherwise a much deeper correction will occur.
If the third test of the descending wedge resistance does not lead to an upward breakout, the 8500$ zone around the rising trend support line will likely to be broken.
Not a financial advice.