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Btcusdtlong

Bitcoin USDT price action analysisHere's the Bitcoin Usdt Perpetual weekly timeframe chart analysis. As the price is near the PRZ/supply zone set by the ABCD pattern, price action also seems to form a shooting star at the top of the supply zone. This could be an early sign of exhaustion in the momentum and the price may correct further until the 53k-51k before another rally. However, if the price crosses the 67K mark we can see the uptrend to be resuming again. Happy trading :) This is just for educational purposes.
by Sanjan91
💡Don't miss the great buy opportunity in BTCUSDT @Bitcoin Trading suggestion: ". There is a possibility of temporary retracement to the suggested support line (48086.72). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . BTCUSDT 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 64. Take Profits: TP1= @ 49248.21 TP2= @ 50488.45 TP3= @ 51013.85 TP4= @ 51962.25 TP5= @ 52845.89 SL= Break below S2 ❤️ 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 / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_ME
6
BTC/USDT(BullishDivergence)Bitcoin •The price is currently trading around $45.6K and it's been ranging between $47.5K-$44K from past 3days •We are having Bullish RSI Divergence in BTC and looks like we can see some bullish moves for a while •The Targets along with Resistances are on the screen highlighted by blue box •As long as we don't break $48.5K and give a closing above it,we are not bullish and can see another dump somewhere around $42K this month before rallying to ATH in coming months
by rhn7114