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BTCUSDBTCUSD
The horizontal lines shows the support at lower levels.
Resistance at higher levels.
RSI is exiting the oversold zone on daily chart.
Consolidation at lower horizontal demand zone
can be seen in time to come before moving higher.
The demand zone can be 32700-28000.
Breakout above 43500 could be difficult immediately.
But if the breakout is witnessed then
expect the rally back to 52000-60000 zone.
Ideally lower level consolidation can help.
We may see positive divergence on RSI develop from here on
if dip to 32700-28000 range.
The levels of 28000 can be key for short to medium.
Battle between 54k and 61k who will win? BTCUSD expected movesBitcoin
The battle between 54k and 60k was a recent trend in bitcoin as we can see that the bear unable to break the 54k firmly and the bull was unable to break the 60k
firmly and since March 14 BTCUSD was trading within this range. And waiting for further fundamental support further upside movement. Today its bounced again from
54K level and braked the price arc. Bullish engulfing formation is a another support here.While writing this analysis the price was around 56k and on top side 60k will
act as decent resistance for the bull as its a major key psychological level where both the buyers and sellers will fight to win.Recently the private companies were started
to invest in Bitcoins and in stable coins so BTCUSD will remain in bullish trend
The ichimoku cloud is still in red zone territory and the cloud band was diminishing and it might turn green soon.Buy at current level and the topside target would be 62k
Trading Signal For BTCUSDT Bitcoin Trading Setup:
A Trading Signal is seen in the BTCUSDT Bitcoin .
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 30823.00
⭕️SL @ 29620.00
🔵TP1 @ 32846.00
🔵TP2 @ 34878.00
🔵TP3 @ 38003.00
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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Don't miss this Buy Opportunity for BTCUSDT- BitcoinTrading proposals post based on price action, technical analysis, major intraday supports and resistances, rejections, breakouts, chart patterns and other factors .
Trading suggestion :
📍 BTCUSDT- Bitcoin
🔰 LONG
🟢Buy Now or Buy at : 29183.65
⛔️Stop Loss : 28356.35
🌀Take Profit 1 : 30999.00
🌀Take Profit 2 : 32109.00
🌀Take Profit 3 : 33595.70
⛔️ Trading and investment in the financial markets always involves high risk , So In order to succeed using our signals make sure you have learned the essential skills for money and risk management
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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 (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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ForecastCity English Support Team ❤️
💡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
❤️ 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 ❤️
💡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
. . . . . 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 ❤️