BTCUSD idea update / Buy signal

The price is in the middle of an uptrend.
The basis of the trend is support for October 2020.
Another support line (January 2021) provides additional growth stimulus.
In early March, the price bounced off the support 48678.2.
Then I came to the 55432.0 support zone.
The it rice has consolidated in this zone.
Now it stands at the intersection of the zone and the support line 56801.0.
You can open a purchase.
SL - 54558.0
TP - 62121.4.

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BTCUSDForexLONGTrend Analysis

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