Here, you will be getting entry points as regards BTCUSD price movement.
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Buy BTCUSD now or @ 32600
TP 1 : 36500
TP2 : 39000
TP 3 : 43000
Great effort
Buy BTCUSD now. TP : 37900 usd
Boss you trades Bitcoin now
Sell BTCUSD now TP : 44000
Nope, it’s ranging between 46100 and 48500
I hope you can see the results now
The BTCUSD update today
The rejection at the fib level has finally contracted the market volatility.
At this moment, it’s enclosing the bid and asking level into a chart pattern - triangle.
That could condition the crypto traders into a bearish market outlook.
Check your charts for references
A failed attempt on MA cross-over (H4 chart) can work wonders for buyers.
While trades above $54k are considered bullish, trades below 47k USD will be termed as bearish type.
Next support is found @ $37k - $40k (excluding drawdowns)
Recommendation: S. L adjusted to the entry point
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The bulls just need a stronger force to outsmart the sellers… But the sellers seems to be delaying the move so they can easily hit the 38k area. That’s not funny.
BNB traders ! It’s all about selling the pair. If the pair burst out of the rectangle and head Southward, Just SELL or wait for another dip
Only the support area can change the rythm.You may wait for 4H cross over
It’s good to have a thread where you can get updates. Sometimes, checking different sources for updates can become difficult and you might not know which one to go for. It’s good that there is one single place where all the updates will be made and traders can make use of them easily.
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BTCUSDT : Correction or Reversal
From a technical perspective, trades below the 50 days moving average and inside the South-facing channel suggests that the sellers are still in control of the market.
A bid for the retest of certain value areas ( MA ,recent broken support, and current channel trendline ) is currently creating some bullish impetus.
Perhaps, the buyers fails to attract more follow-through buying orders, a subsequent move to $29k and possibly $19k will happen.
**Decision Rule : **
1. Buy the coin only if it surpasses the intermediate barriers at $39k - $43k.
2. Sell at current market price till $31K and plan to take a loss if the market satisfies condition 1
3. Re-try selling at $50,900 if plan 2 fails.
N.B: Loss-taking decisions should be guided with the RRR approach.