After retesting the $38000 area, the buying force continued to appear, almost the selling force did not appear here. This is a sign that no one wants to sell at this price anymore. BTC was able to continue to rise again. Currently BTC is having a high probability of forming a Broadening Rising Wedge pattern, which is a common bullish pattern of an uptrend, so we can expect BTC to move towards the
📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 38000$ zone
🔴Buy : 38000
🔴Sell : 44000 - 54000 - 64000
📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 38000$ zone
🔵Sell : 38000
🔵Buy : 32000 - 28000
❓Details
🚫Stoploss for Long : 10%
🚫Stoploss for Short : 5%
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
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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.
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.