BTCBUSD
💡Don't miss the great buy opportunity in BTCUSD @BitcoinTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (33600).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 57.
Take Profits:
TP1= @ 35080
TP2= @ 37220
TP3= @ 39300
TP4= @ 41740
TP5= @ 46050
SL= Break below S2
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BTC/USD, read a fair analysis, prices are going up again!Just follow the whales
For what I am used to see, to trade on, the BTC shows signs of consolidations and is not going to go any lower. Prices are driven by huge investments from privates investments companies such as MicroStrategy (more than 100.000 bitcoins at a market price of 29,000 USD). This resistance of 29,000 has been retested a few times and I doubt the btc will go any lower in this bull market. With their recent announcements, China is just helping bitcoin to return to better price. I am aware that many of you disagree with this idea, but lets see ;)
BTC Two possible paths for the day, same general areaTwo possible paths that BTC could take today see it landing in the same approximate position at the lower edge of the triangle.
The first path (light blue) see us dipping into the 36.8-36.7 range and then coming back up to test resistance at 37.4k.
The second path (darker blue) sees us traveling upwards for an early test of 37.4k, then back down and up before leading back towards the same general edge of the lower triangle.
Great opportunity to trade!!!!If you had invested $75 with a leverage 15× with an entry price at $33250 and an exit price at $40000,this will result to $228.38.between 09 to 13 june
BTC - Path ahead for tomorrowBTC is still playing with in the triangle and may be hanging out in the area for a few more days. Two possible path options are a visit back into the 37s with resistance levels from the 9th or breaking the lower barrier of the triangle and settling into the 35k area.