💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (34180).
. 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 70.
Take Profits:
TP1= @ 37920
TP2= @ 39515
TP3= @ 40780
TP4= @ 41870
TP5= @ 43805
SL= Break below S2
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Btcusdlong
"BTCUSDT LONG" "BITCOIN"GO LONG ON BTCUSDT - CAN RETEST THE SUPPORT OF 30000 & CAN BOUNCE UPSIDE FROM 30000 LOWS TOWARDS UPPER SIDE & AFTER THAT CAN GO FOR UPSIDE TARGET OF 43500 & 51000, LOWER SUPPORTS CAN BE TAKEN AS STOPLOSS & MANAGE ENTRY NEAR THE SUPPORTS ONLY FOR LONG SIDE
first target 43500, bottom condition if FIRST SUPPORT 30000 & SECOND SUPPORT 20800 not broken
BTCUSD LONG SETUPBTCUSD looks strong on the upside.
The chart first formed a strong support with TDI diversions. Followed by the first leg of up move. We are watching some resistance because of the trend line firstly and secondly this area has acted to be a resistance zone earlier too, hence 55000 is an important zone.
Now two trades are possible-
Case 1- Breakout- If it breakout above 55300 then it is a good buy.
Case 2- We can see a pullback and if it takes support on the trend line then we can add long position.
In both the cases, a strong up move is expected which can take it to 57000 followed by 60,000 levels.
💰 #Bitcoin #Crypto #btc #btcusdBITSTAMP:BTCUSD
first short side trade till current harmonic patters PRZ level. and ones you get reversal from that PRZ one can long from that level with stop loss.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
A short view of BTC via Fibonacci retracementsThis is just a short term outlook looking at previous trend patterns of BTC buy-sell cycles on a period of 3 months. A basic extrapolation of fibonacci levels can indicate short term long strategies of 2-3% upside over a period of 7-10 days. Let me know what you think.
BTCUSD Inverted Head and Shoulders. Target 67000An unmistakable inverted head and shoulders pattern is developing on daily, which is to be confirmed by a breakout past the neckline at 59000 accompanied by a surge in volume.
Target from this breakout roughly corresponds with 1.618 Fibonacci extension level of 67000.






















