BTCUSD is trading inside a Channel Down pattern, which almost hit today the MA200 (1d).
The last time Bitcoin traded on this level was October 14th 2024.
Technically, this is not just a short term Channel Down bottom buy signal but also a long term buy opportunity for the remainder of the Bull Cycle.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 99000 (+22.48% rise like the previous bullish wave).
Tips:
1. The RSI (1d) is massively oversold, dipping below 30.00 for the first time since the August 5th 2024 bottom. This is a massive long term buy signal.
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The last time Bitcoin traded on this level was October 14th 2024.
Technically, this is not just a short term Channel Down bottom buy signal but also a long term buy opportunity for the remainder of the Bull Cycle.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 99000 (+22.48% rise like the previous bullish wave).
Tips:
1. The RSI (1d) is massively oversold, dipping below 30.00 for the first time since the August 5th 2024 bottom. This is a massive long term buy signal.
Please like, follow and comment!!
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Also doing account management, earn +15% monthly profit!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Join our private Telegram signals channel, with +70% accuracy for forex and crypto! 🎉
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Also doing account management, earn +15% monthly profit!
👉CONTACT: t.me/tradingbrokersview
Stop gambling with your trades! 🎰
Start being profitable! 💰
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.