BitcoinLong
BTCUSD: BULLS ARE BACK
Updated
Disclaimer: This analysis is my personal opinion not a trading advice.
Greetings Mates, express your analysis of BTCUSD in the comment section.
BTCUSD Price Now: 102000
According my personal analysis I think Bitcoin is still bullish. Double bottom and W pattern indicates a bullish trend coming. BTC has tested lower area of 102000 twice and faced rejection. moreover, market's pattern seems W which indicates a bullish trend. Currently market seems bullish and can touch 105000 soon but if H4 and H1 candles close above 105000 then markets end target will be 107000.
Support Zone: 102000, 10000
Resistance: 107000, 109000
like, comment and support. thanks for you precious time and support.
Greetings Mates, express your analysis of BTCUSD in the comment section.
BTCUSD Price Now: 102000
According my personal analysis I think Bitcoin is still bullish. Double bottom and W pattern indicates a bullish trend coming. BTC has tested lower area of 102000 twice and faced rejection. moreover, market's pattern seems W which indicates a bullish trend. Currently market seems bullish and can touch 105000 soon but if H4 and H1 candles close above 105000 then markets end target will be 107000.
Support Zone: 102000, 10000
Resistance: 107000, 109000
like, comment and support. thanks for you precious time and support.
Trade active
Target one 105000 reached. Still holding on my second target. 300 points achieved from buy zone 102000 to 105000. Trade closed: target reached
demand zoned achieved: 107000
we achieved 500 points from 102000 to 107000.
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