BTC - Will this retest hold ?
Updated
BTCUSDT (4H CHART) Technical Analysis UpdateBTC is currently trading at $63394 and price has retested after breaking out from the channel.
If this retest holds then we can expect the price to continue in bullish direction. We are confident the price will hold and bounce back successfully after the retest and this gives us a good opportunity for a long trade.
Entry level: $ 62600-66400
Stop Loss Level: $ 60900
TakeProfit 1: $ 65500
TakeProfit 2: $67700
TakeProfit 3: $69700
TakeProfit 4: $72800
Max Leverage: 5x
Position Size: 1% of capital
Don't forget to keep stop loss.
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Cheers
GreenCrypto
Note
Price is dropping but im expecting the 61K range to hold and bounce back from there.Trade closed: stop reached
SL Hit
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🌐 Website: greencrypto.net
📚 Docs: docs.greencrypto.net
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