Btcusdtlong
Bitcoin movement July , August Bitcoin Movement August month
From 37K to 50K
(13K Up Movement 50-37=13)
Bitcoin Movement July Month
From 29K to 40K
(13K Up Movement 40-29=13)
Expected movement for September month
Bitcon can reach at 58K to 60K
This chart is only for educational purpose.
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13cDaWYHa5G4ckjYyXTBEH4ecg5ogSLYg6
💡Don't miss the great buy opportunity in BTCUSD @bitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (32877.1).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD 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 58.
Take Profits:
TP1= @ 34861.7
TP2= @ 35234.2
TP3= @ 35875.7
TP4= @ 36566.6
TP5= @ 38000.0
SL= Break below S2
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💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (33600).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 57.
Take Profits:
TP1= @ 35080
TP2= @ 37220
TP3= @ 39300
TP4= @ 41740
TP5= @ 46050
SL= Break below S2
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ForecastCity English Support Team ❤️
BTCUSDT Technical Analysis
Here on the 1 hour time frame we see that BTC is in a Bullish channel and has got 3 rejections from the Support line. On the other hand the price is right at the previous Resistance turned into Support which is suggesting the price might go higher from this level. If the Pullback happens it must be around 37978.0
TP1 @ 39690.0
TP2 @ 41078.0
TP3 @ 43748.6
SL @ 37365.0
Happy Trading :)
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BTC/USDT is in UPTRENDBTC/USDT is forming an uptrend on the 4H time frame chart.
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BTC/USD LONGTrading suggestion:
Buy At: $37340
Take Profits:
TP1= $38260
TP2= $39620
TP3= $40660
SL= $36660
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BTCUSDT and XRPUSDT Technical AnalysisBTCUSDT has already broken two major Resistances on the 4H and 1D . After 4 rejections at the Resistance on the 4H finally it broke above it and has been going up since then. The candles pattern also is showing a pure uptrend for the last 6 days on the Daily time frame .
On the 4H time frame the price has formed a Triangle. We might have a shallow Pullback after the price getting out of the Triangle but what I expect is to go higher to hit 43031.0
Buy now or Buy at 37339.1
SL @ 34119.0
TP1 @ 43031.0
TP2 @ 47578.0
TP3 @ 51555.2
XRPUSDT also has formed a Triangle on 4H and daily time frames. We need to wait until it gets out of the Triangle and then based on the Candlestick patterns on the lower time frames look for any potential entry in the direction of the market.
Happy Trading :)
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💡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
❤️ If you find this helpful and want more FREE forecasts in TradingView
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Trade well, ❤️
ForecastCity English Support Team ❤️