BTC/USDT looks good above $41,000Hi, we can see BTC/USDT in 1day TF. So far it made a breakdown from its parallel channel and now it is taking support at its major support level($37560). If it makes back in to its parallel channel we can see BTC at $50,000 in no time. And we have some major resistence level $40,000/$42,000. We can see BTC up with 20% if everything goes nice.
Btcusdtlong
💎 BTCUSDT: Correction is OVER, Time to Rise up Again Hello Traders,
as u can see btc is trading in rising channel, lower trendline has given strong support. i m expecting btc will rise frm here towards 50k mark. before tht btc must sustain above trendline for 1-2 days.
in worst case if starts dumping below trendline then it will be really disastrous situation ...wait for confirmation on daily timeframe.
💎 BTCUSDT: Ready For Next Legup Towards 50k💣💣💣💣Hello Traders,
as u can see btc successfully made healthy correction towards 0.5% fib ratio area which is 48800$. looks like a retracement has been done of recent rally. btc must go up frm here if there is further drop possibility then it will test 0.618 fib ratio which is at 41587$. after daily strong confirmation we can build long position frm here and target is 50k.
Great alts ideas are in pipeline .. like share and follow me
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (46542.43).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSDT is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 79.
Take Profits:
TP1= @ 47596.07
TP2= @ 48654.08
TP3= @ 49497.94
TP4= @ 50140.78
TP5= @ 51311.16
SL= Break below S2
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BTCUSDT - Buy Setup!BTCUSDT (1D Chart) Technical analysis
BTCUSDT (1D Chart) Currently trading at $38740
Buy level: Above $38700
Stop loss: Below $34000
Target 1: $41500
Target 2: $45300
Target 3: $52000
Target 4: $57500
Max Leverage 2x / Spot Market
Always keep Stop loss
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💎 BTC Unable to Cross Major Resistance Trendline.On daily timeframe btc again testing major resistance trendline. Previously we can see whenever btc tested this trendline we seen huge pullback.
if btc starts dumping frm here then easily we can see btc testing again 30-32k zone.
BTC will be bullish only after trendline breakout with huge volume.
BTCUSDT 1D UPDATEWelcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures .
I have tried my best to bring the best possible outcome in this chart.
As we expect BTC will bounce up to 39500k resistance level.
What's your thought on this?
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