Bullish Breakout: Time to Buy!
hello traders!
ProfitScalper 1H Analysis, Current price: 2662.
Market Overview:
The market is currently in a strong bullish momentum. A key development to note is the successful breakout above the significant resistance level of $2660, with the daily close confirming this upward move. Although a small correction may occur from current levels, the ideal entry for a buy position would be between $2653 and $2648. From there, the price is expected to target $2690 by Friday.
It is recommended to focus on finding buying opportunities today, especially in the area between $2660 and $2654, which could provide favorable entry points for further upside.
ProfitScalper 1H Analysis, Current price: 2662.
Market Overview:
The market is currently in a strong bullish momentum. A key development to note is the successful breakout above the significant resistance level of $2660, with the daily close confirming this upward move. Although a small correction may occur from current levels, the ideal entry for a buy position would be between $2653 and $2648. From there, the price is expected to target $2690 by Friday.
It is recommended to focus on finding buying opportunities today, especially in the area between $2660 and $2654, which could provide favorable entry points for further upside.
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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.