Hope you followed my last update which was 100% accurate.
BTC reached my target of $19.2k and bounced.
Currently, the chart shows potential for a rally toward the $21.6k level.
Trade Update:-
We are spot long since $19.3k which was given last time and right now we are waiting for a perfect breakout and close above $22k which will trigger a rally towards
27K-$28k.
Leverage long with an entry around $19.2k was closed at $20.9k.
If you are willing to long BTC on leverage, the best level should be $19.8k to $20.4k with an SL at $19688.
DYOR This is not financial advice!
To stay on the safer side it's always better to wait for confirmations on higher time frames likely weekly.
PA in lower time frames could be tricky.
Conclusion:-
BTC is bullish and the best price to long will be below $20.4k with SL around $19688 (subject to change as per market conditions).
A break above $22k will trigger a multi-week rally across the market.
More details are given in the chart, Please Observe!
Please do hit the like button and share your views in the comments section.
Thank you
#PEACE
BTC reached my target of $19.2k and bounced.
Currently, the chart shows potential for a rally toward the $21.6k level.
Trade Update:-
We are spot long since $19.3k which was given last time and right now we are waiting for a perfect breakout and close above $22k which will trigger a rally towards
27K-$28k.Leverage long with an entry around $19.2k was closed at $20.9k.
If you are willing to long BTC on leverage, the best level should be $19.8k to $20.4k with an SL at $19688.
DYOR This is not financial advice!
To stay on the safer side it's always better to wait for confirmations on higher time frames likely weekly.
PA in lower time frames could be tricky.
Conclusion:-
BTC is bullish and the best price to long will be below $20.4k with SL around $19688 (subject to change as per market conditions).
A break above $22k will trigger a multi-week rally across the market.
More details are given in the chart, Please Observe!
Please do hit the like button and share your views in the comments section.
Thank you
#PEACE
Trade active
#BTCUSDT:- Perfect analysis so far. Bitcoin reached the $22k level target as I have been speculating for a week.
This is the real challenge for BTC, to get above the red resistance area!
Stay tuned, more updates and trade setups coming today.
Trade active
#BTC:- I see people are screaming for new ATHs now.
I would like to warn you if you are thinking about going leverage long at this price!
A weekly close above the 200 WMA will confirm a bullish rally towards $29k. I am not bearish, just being cautious.
Trade active
Massive Daily close right above the resistance turned support level. Reclaimed the 50D MA.
Which is bullish IMO.
Current Support: $21600.
An extensive analysis is coming tomorrow!
Note
I feel a little pullback would be good for BTC.
Bearish in Short time frame charts (Below hourly).
Bearish divergences too.
Long area: $21237 to $22130.
DYOR
Note
#BTC No strong resistance till $28k in HTF charts.
We might see some consolidation around this range, continuation, and a few liquidation wicks. Avoid high leverage to stay in the game.
Invalidation :- Close below $20.8k
I am spot long from $19.3k.
The current weekly close is very very important. I'll share the reason in my next extensive analysis.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.
Daily Signals:- telegram.me/thecryptorphic
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Coincatch:- bit.ly/15000USDTBonus
BLOFIN - bit.ly/Cryptorphic
Binance: bit.ly/cryptorphic1000
ELITES: bit.ly/Join_elite
Related publications
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.