Last week, BTC continued to oscillate in the 83K-86K range. Technically, the daily MACD showed increasing volume but a deviation from the price. At the same time, the Bollinger Bands narrowed sideways, and the market entered a typical "pre-breakout momentum" stage.
Before an effective breakthrough, you can rely on the range to sell high and buy low, strictly set stops, and pay close attention to changes in volume and energy and confirmation of the breakthrough direction.
BTCUSD
sell@86500-85500
tp:84500-83500
buy@83000-84000
tp:85000-86000
I hope this strategy will be helpful to you.
When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
Before an effective breakthrough, you can rely on the range to sell high and buy low, strictly set stops, and pay close attention to changes in volume and energy and confirmation of the breakthrough direction.
BTCUSD
sell@86500-85500
tp:84500-83500
buy@83000-84000
tp:85000-86000
I hope this strategy will be helpful to you.
When you find yourself in a difficult situation and at a loss in trading, don't face it alone. Please get in touch with me. I'm always ready to fight side by side with you, avoid risks, and embark on a new journey towards stable profits.
Trade active
In early trading, BTC rose from $84,500 to near $87,500, establishing a short-term upward direction after breaking through the sideways range. It is recommended to go long with the previous resistance level of $86,000 as support and pay attention to position control.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.