BitcoinUpdated BTCUSD ANALYSIS (READ CAPTION)
Hello traders
Hope everyone is okay here's my idea on BTCUSD, what you think on it? share your thoughts on it in comment section with your knowledge.
BTCUSD is now making a Head and Shoulders pattern, There is a resistance area around 105500/106500, BTCUSD has break the resistance and now going to retest it, According to me BTCUSD is going to fall till the first support area near 103700/103100 and if it break this zone then will reach to the head and shoulders last lower line near 101300/100600.
If BTCUSD reverse back and break the resistance and will reach to the strong high near 109000.
Key Points
Current price 105300
Resistance zone 105500
Support zone 103700/103100
Support zone 101300/100600
Reversal Target 109000
Feel free to boost my charts and don't forget to follow support and share my idea with your friends
Hope everyone is okay here's my idea on BTCUSD, what you think on it? share your thoughts on it in comment section with your knowledge.
BTCUSD is now making a Head and Shoulders pattern, There is a resistance area around 105500/106500, BTCUSD has break the resistance and now going to retest it, According to me BTCUSD is going to fall till the first support area near 103700/103100 and if it break this zone then will reach to the head and shoulders last lower line near 101300/100600.
If BTCUSD reverse back and break the resistance and will reach to the strong high near 109000.
Key Points
Current price 105300
Resistance zone 105500
Support zone 103700/103100
Support zone 101300/100600
Reversal Target 109000
Feel free to boost my charts and don't forget to follow support and share my idea with your friends
Trade active
Hey Traders , Yesterday my view was that if BTCUSD give rejection then it will fall till the first support zone that is near to 103100 and now let me tell you that our first target has completed..Trade closed: target reached
Hey traders, I am here to let you know about the chart that BTCUSD has reached to the 101400 and this was our target also ,
Feel free to boost my charts and don't forget to follow support and share my idea with your friends
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