BTC - Easy top short or a trap
Not much has been happening with the price of BTC lately.
I think we would rather go higher, because we spend too much time near $60k for the perfect top short. Usually BTC does not provide such opportunities.
Information is just for educational purposes, never financial advice. Always do your own research.
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Xbt
BITCOIN to 68kTarget 1 : 68044 (17% gain)
68k gonna be a strong resistance and we won't attend the second target at 71800 easly.
SL : 54800 !
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Get ready for the new ATHDo not rush and let the trend-breaking test and GAP be filled, the appropriate entry points are at $54000 and $53400.
From this point we expect the pullback to below the trading node (supply point) and then complete the drop to test the black trend to the appropriate entry point and record its new ascent for the new ATH.
After reacting to the $62928 resistance, the candelabra arrangement should be examined and further analyzed. Keep in mind that infiltration takes place inside the orange box, it cancels the fall and after a small pullback, it can move towards the resistance.
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Bitcoin New All Time High update#BTCUSDT profit update:-
$BTC currently trading at $58900
And hope you bought at dip as per my chart.
Went upto $59400
Entry:- $57200 ✅
4% up from our entry.
Now...?
$59400 is strong support right now.
If break upward then Ready to New all time high.
After Break $59500 then My target is $70000
Support:- $57000/$54500
Resistance:- $59500/ Moon
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Bitcoin | Bulls Struggling to Clear the 60k Resistance..!!1#BTC (Update)
Bitcoin is Consolidating in Triangle in Daily timeframe..!!
Daily EMA50 (53088) Acting As Strong Support & there is a Unfilled CME gap As Well in 54k Area So Bitcoin Might Retest 54k Area 📉
From Last 7 Days, Bitcoin Bulls Struggling to Clear the 60k Strong Resistance but Bulls Need More Volume.
If Daily candle Closed above 60k, then Next STOP would be 70k 🚀, In Worst Case, If daily Candle Closed Below the EMA50, Bitcoin might Retest 44.8k Support Area 👀
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Bitcoin Bullish update as per current chart#BTCUSDT TA Update:-
#BITCOIN currently trading at $57400
( Binance price )
And now bounced back from Support level.
So I am bullish from here.
Entry:- $57000-$5400
Targets:- $59389/$62000/$64367
SL:- $56400
If SL hit then Next entry will be $54500-$55200
Support: $57257/$55236
Resistance: $59400/$62000/Moon
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