Bitcoin : Long-Term TA Update (Pattern & Price-Action)
This is just an analysis
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
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We trade based on this analysis and market behavior
- Currently, the price has hit the support zone of 91400.0
- This level also role as a neckline
- The price may have a short-term rise and go up to 99200, in which case we can enter a buy position by breaking the downtrend resistance line #1
But if the price breaks the neckline, we should enter a sell position until the price reaches 74,800, which is also the target of our bearish pattern
Trading Setup:
Sell on Neck line Breakout
BTC.D BTC.D TA:
What are these signals based on?
- Classical Technical Analysis
- Price Action
- Candlesticks
- Fibonacci
- RSI, Moving Average , Ichimoku , Bollinger Bands
Risk Warning
Trading Forex, CFDs, Crypto, Futures, and Stocks involve a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results.
If you liked our ideas, please support us with your likes 👍 and comments.
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🏆Spot signals for more than 100 Crypto pairs
⭐️Futures signals for more then 44 Crypto pairs
💰Forex signals for more than 28 Pairs
t.me/pullbacksignal
Disclaimer
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