BTCUSD Channel Formation - Targeting $69,000 to $72,000 in Two W

2024年11月3日

📈 📈

In this setup, BTCUSD is showing strong momentum within a defined upward channel, aiming to reach the $69,000 to $72,000 range within the next two weeks. Given recent price action and underlying support, Bitcoin appears ready for a solid breakout within this range, providing an attractive risk-to-reward opportunity for traders.

Key Highlights:
Channel Resistance: Target range sits at $69,000 - $72,000.
Support Levels: Recent lows suggest strong support within the current trend channel, adding stability to the forecast.
Target Timeline: Two weeks based on technical indicators and recent momentum.
📌 Trading Plan: Monitor for any pullbacks to accumulate or look for confirmation of breakout signals to add positions. Manage risks with tight stop-losses below recent support levels to capitalize on this bullish setup.

🚨 Disclaimer: This is not financial advice. Always conduct your own research before investing.

2024年11月4日

註釋

Price still respects the zone

2024年11月4日

交易進行

going good

2024年11月6日

註釋

price respected our analysis we reached the target