Hi trading view family hope you are doing well and trading safely wisely and risk free.
My forecast about Bitcoin is given below and in the chart you can see.
1. Channel Formation: Price was moving within a horizontal range (yellow box).
2. Fake Breakout: A false breakout above the channel was identified before price re-entered.
3. Valid Breakout: Price eventually broke out of the channel decisively.
4. Buy Entry Level: Marked around 85,753.47.
5. Target Levels:
TP1 (Take Profit 1): 88,047.72
Final Target: 90,062.30
6. Expected Movement: Price is projected to move upwards in a zigzag pattern toward targets.
Key levels
Buy entry 85,753
TP 1 at 88,067
Target at 90,024
SL at 79,700
This is for educational purposes not a trading advice.
Trade safely, support me and share what you think.
My forecast about Bitcoin is given below and in the chart you can see.
1. Channel Formation: Price was moving within a horizontal range (yellow box).
2. Fake Breakout: A false breakout above the channel was identified before price re-entered.
3. Valid Breakout: Price eventually broke out of the channel decisively.
4. Buy Entry Level: Marked around 85,753.47.
5. Target Levels:
TP1 (Take Profit 1): 88,047.72
Final Target: 90,062.30
6. Expected Movement: Price is projected to move upwards in a zigzag pattern toward targets.
Key levels
Buy entry 85,753
TP 1 at 88,067
Target at 90,024
SL at 79,700
This is for educational purposes not a trading advice.
Trade safely, support me and share what you think.
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Our Contact t.me/Jacks_998
t.me/+wiU4aBS6VKEzZWNk
Our Contact t.me/Jacks_998
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 Channel For More Info
t.me/+wiU4aBS6VKEzZWNk
Our Contact t.me/Jacks_998
t.me/+wiU4aBS6VKEzZWNk
Our Contact t.me/Jacks_998
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.