BTCUSDT 6HR Chart. Target 50K?
Updated
BTCUSDT has played out nicely as analysed in previous posts. BTCUSDT has now broken out the triangle and is in retest position.
This could be a nice entry point. However, more confirmations are needed before we can be safe for entering here.
Riskier traders can enter now. Otherwise, you can enter at 35K.
Entry. Current Market Price - 35K
Target 1: 37246 USD
Target 2: 39422 USD
Target 3: 41326 USD
Target 4: 45510 USD
Target 5: 50000 USD
Stop Loss: If any 4hr or 6hr candlestick CLOSE BELOW 30K then manually exit.
Max leverage 2-3X
Good Luck Traders
This could be a nice entry point. However, more confirmations are needed before we can be safe for entering here.
Riskier traders can enter now. Otherwise, you can enter at 35K.
Entry. Current Market Price - 35K
Target 1: 37246 USD
Target 2: 39422 USD
Target 3: 41326 USD
Target 4: 45510 USD
Target 5: 50000 USD
Stop Loss: If any 4hr or 6hr candlestick CLOSE BELOW 30K then manually exit.
Max leverage 2-3X
Good Luck Traders
Note
Target 1 done!Note
Target 2 done!Note
Targets 3 and 4 done!Trade closed: target reached
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