Btcusdlong
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (59488.35).
. 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 an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 61212.25
TP2= @ 62184.77
TP3= @ 63717.33
TP4= @ 64977.46
TP5= @ 66968.48
SL= Break below S2
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BTC/USDT 4 HOUR ANALYSISWelcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart .
BTC is still at the 2 support level we expect a bounce from this level. In case if Breaking down below $60k will be a red alarm for the market.
Let see how 4 hour candle close.
What's your thought on this?
Do hit the like button if you like this update and share your views in the comment section.
Thank you
#PEACE
NEW ATH BY THE END OF THE WEEK $70000-$75000BTC can break previous ath by the end of the week then it can go for a retest around the previous ath more like little bit of up or down from previous ath and then make a support from there and bounce of to the moon. That's mostly going to happen that's what i think.. And from the end of the oct alt will go insane
Buy a bag of EPSAs mentioned in the chart its broke out from that falling wedge we need to wait for confirmation. wait for it to cross that resistance, this token can give up to 3x profit even more, good project, the team is also good.
EPS TO THE MOOON
BTCUSDT potential (60K TARGET) if we break 50k with level 2BTCUSD has been known to give 2 levels to the downside and 3 levels to the upside and we have already got 2 levels to the downside which tells we are going into mark up phase remember we have already completed level 1 and we could get a retrace to 4 hours 50 ema if market makers want to shake out some retail traders, we can easily breach 60k if we get 3 rises to the upside. Peace