Multi time frames -30m 4hrs 8hrs ( Long Target Range 41400 PIP )
🔹Hello traders, Let's review and go over analysis and strategies for BTCUSDT As you can see. The BTC Trade was a success Now looking forward to a long position from the middle line of the channel band and then the exit point would be at the upper band line + That would be a break of a 3 bounce trend line And maybe even looking forward to Bitcoin going all the way up to 70k In the next 4 to 6 months Looking forward to the next few months on crypto BTC TO THE MOON!
🔹News : Bitcoin price is range bound close to the psychologically important $40,000 level, nearly two weeks post Spot ETF approval by the Securities and Exchange Commission. Retail traders holding less than 1 BTC have shed their holdings, evident by the decline in Bitcoin wallets since October 2023.
Bitcoin price could plummet to the support zone between $38,304 and $38,957, in the event of further correction in the asset.
Lido, a liquid staking service for cryptocurrencies like Ethereum, noted a surge in profit-taking activities by LDO holders. On-chain data reveals that whales are taking profits in LDO, consistently since December 25, 2023.
🔹Reasons : As we can see, the Sma's are slowly starting to cross over again. + After a quick dip down from the support line Price is starting to reverse Emprise might even go up to counter trend line Which is about area 50,000$ And with the break of the 3 bounce trend / retest meaning that I'm expecting a. Break out From this trend line To then come back and retrace And continuation phase to 50k
🌐Points of interest🌐
Weekly High : 49000$
Weekly Low : 40280$
Monthly High : 44686$
Monthly Low : 37575$
3 Bounce Trend Break retest : 42480$
Channel Lower line : 39050$
Channel Midden line : 43560$
Channel Upper line : 47820$
Bearish Reversal : 59990$
🩵Please hit the like button and
🩵Leave a comment to support me!
🗨️Always trying to come up with more quality setups for you guys!
⚠️Warning ⚠️
before you take this trait or take just my word, go look something up Look up some news That could be coming. More info about it Tomorrow And remember, risk management always 1 : 3 always more gains than losses!
⚕️Advice⚕️
I think that every traveler should start doing is writing down The reasons for their setup on the charts If you can't write 5 down, don't take the trade This is coming from me personally After I did this, I saw major improvement in myself and in my trading so do it!
🙌Have a phenomenal trading day!
Share your opinion in the comments and support the idea with like. Thanks for your support!
🔹News : Bitcoin price is range bound close to the psychologically important $40,000 level, nearly two weeks post Spot ETF approval by the Securities and Exchange Commission. Retail traders holding less than 1 BTC have shed their holdings, evident by the decline in Bitcoin wallets since October 2023.
Bitcoin price could plummet to the support zone between $38,304 and $38,957, in the event of further correction in the asset.
Lido, a liquid staking service for cryptocurrencies like Ethereum, noted a surge in profit-taking activities by LDO holders. On-chain data reveals that whales are taking profits in LDO, consistently since December 25, 2023.
🔹Reasons : As we can see, the Sma's are slowly starting to cross over again. + After a quick dip down from the support line Price is starting to reverse Emprise might even go up to counter trend line Which is about area 50,000$ And with the break of the 3 bounce trend / retest meaning that I'm expecting a. Break out From this trend line To then come back and retrace And continuation phase to 50k
🌐Points of interest🌐
Weekly High : 49000$
Weekly Low : 40280$
Monthly High : 44686$
Monthly Low : 37575$
3 Bounce Trend Break retest : 42480$
Channel Lower line : 39050$
Channel Midden line : 43560$
Channel Upper line : 47820$
Bearish Reversal : 59990$
🩵Please hit the like button and
🩵Leave a comment to support me!
🗨️Always trying to come up with more quality setups for you guys!
⚠️Warning ⚠️
before you take this trait or take just my word, go look something up Look up some news That could be coming. More info about it Tomorrow And remember, risk management always 1 : 3 always more gains than losses!
⚕️Advice⚕️
I think that every traveler should start doing is writing down The reasons for their setup on the charts If you can't write 5 down, don't take the trade This is coming from me personally After I did this, I saw major improvement in myself and in my trading so do it!
🙌Have a phenomenal trading day!
Share your opinion in the comments and support the idea with like. Thanks for your support!
評論:
💲BTCUSDT - Daily ( Short Trade Target Range 66500 PIP ) = 34500 PIP 💵
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