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BITCOIN / TETHER
Long

BTCUSDT - Breakout above $24k. Fibonacci retracement to $29k

By subtlepapi
Updated
Technical Analysis
  • Weekly oversold (shown by low RSI and Williams %R)
  • Price attempting out above 24k and entering the pocket between 10EMA and 20EMA on the weekly chart for a potential retracement to £29k (weekly 20EMA/ 0.236 fib level)


Price Target
  • Entry 24k
  • Target 1: 26.5k
  • Target 2: 29K
Trade active
24.1k entry
Bitcoin (Cryptocurrency)bitcoinforecastbreakoutBTCUSDChart PatternsTechnical IndicatorsindicatorsreversalpatternTechnical AnalysistrendTrend AnalysisTrend Line Break
subtlepapi
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