Bitcoin - Next Resistance is Previous ATH

2024年7月19日

After price has consolidated around the 200 EMA range price has bounced back from the 200 EMA.
Also price has broken local resistance around 65K which was crucial to for the bullish trend to continue. Currently price is around 67K and heading towards the resistance which is around the previous ATH 73K (overall resistance zone is around 70-73K range)

I'm expecting price to easily breach the 75K barriers and we have decent trade opportunity here.
We can enter a long trade at the current price with local support of 65K as the SL

Entry Price: 67K
Stoploss: 64K

Target 1: 68K
Target 2: 69K
Target 3: 70K
Target 4: 72K

Don't forget to keep stoploss.

Cheers!
GreenCrypto

2024年8月9日

註釋

Looks like price hit support before hitting TP.