Bitcoin / USDTShort
BITCOIN: A Possible Rejection!!!
BTC didn't hit the ATH but did rally as high as $73,620, aligning with our weekly analysis. The BRR pattern played out well.
On the weekly timeframe, BTC needs to break above the all-time high resistance to sustain its bullish momentum. A weekly close below this resistance could result in a possible rejection.
Looking at the daily timeframe, BTC is likely to face a rejection around the 68.8k to 69k range.
In my next update, I'll cover altcoins, so stay tuned and trade safely.
Setup for SHORT entry:
~ Entry: $72,800 to CMP.
~ Stoploss: $74,500.
~ Leverage: 10x.
~ Target: 68.8k.
Do your own research and analysis before investing.
On the weekly timeframe, BTC needs to break above the all-time high resistance to sustain its bullish momentum. A weekly close below this resistance could result in a possible rejection.
Looking at the daily timeframe, BTC is likely to face a rejection around the 68.8k to 69k range.
In my next update, I'll cover altcoins, so stay tuned and trade safely.
Setup for SHORT entry:
~ Entry: $72,800 to CMP.
~ Stoploss: $74,500.
~ Leverage: 10x.
~ Target: 68.8k.
Do your own research and analysis before investing.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.