Technicals : medium term 1. Price Breakout with bounce of 20dma 2. Above average volume 3. High momentum 4. @bbands squeeze open 5. S1 : 19700 6. R1 : 26935
#BTC UPDATE 3 : In 1W TF Remember properly i discussed this market cycle, According to stan Weinstein Theory that for an actual mark of phase first we need a proper capitulation phase we are expecting further capitulation phase or range bound mark of phase and then actually move makes a lot of sence.
Buy at Live Price $19790 Target $21090 (6.63% profit) Stop Loss $19430 (2% loss)
As u can see btc bounce from my red line and RSI in 1 day Chart is near 25 to 27 the things to notes we can clearly seen 2 big bounce when BTC have touched 1D RSI 25 to 27 Right now the support is 42k$ if it goes below we can expect 39k$ NOW MY OPINION As i have already posted a voice message in mornings btc i have seen 2 times big moment when BTC RSI has...
axs was getting ready for breakout now broke out and retesting the support maybe e can take a long from here it is risky but rr is good #NFA watchout the rsi if it goes up after trendline then take long with sl below support HAVE A GREAT PROFITABLE TRADE
BTC-USD Looking Strong and will make new highs in next couple of months . By the end of year i am looking at 130-150 K.. Let's see.
BTC/USDT is forming an uptrend on the 4H time frame chart. ❤️ 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! ❤️ Now, it's your turn! Be sure to leave a...