BTC - Will this retest hold ?

BTCUSDT (4H CHART) Technical Analysis Update

BTC is currently trading at $63394 and price has retested after breaking out from the channel.
If this retest holds then we can expect the price to continue in bullish direction. We are confident the price will hold and bounce back successfully after the retest and this gives us a good opportunity for a long trade.

Entry level: $ 62600-66400
Stop Loss Level: $ 60900

TakeProfit 1: $ 65500
TakeProfit 2: $67700
TakeProfit 3: $69700
TakeProfit 4: $72800

Max Leverage: 5x
Position Size: 1% of capital

Don't forget to keep stop loss.

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Cheers
GreenCrypto

Commentaire:

Price is dropping but im expecting the 61K range to hold and bounce back from there.

Trade fermée: ordre d’arrêt atteint:

SL Hit