BTCUSDT trading strategy today.
Bitcoin is currently priced at 64,444.91 USDT, showing a slight dip of 1.76%. It’s nearing a critical support zone between 63,000 - 64,000 USDT, which has held strong in the past. Moving averages still suggest an overall bullish trend despite the recent pullback.
-Strategy:
Entry: Look for a bounce in the 63,000 - 64,000 USDT support zone. Confirm a reversal before buying.
Take Profit: Target 66,000 USDT first, then 67,000 USDT.
Stop Loss: Set below 62,900 USDT.
If support holds, this could be a good opportunity for a bullish trade. Stay cautious and watch the market closely!
-Strategy:
Entry: Look for a bounce in the 63,000 - 64,000 USDT support zone. Confirm a reversal before buying.
Take Profit: Target 66,000 USDT first, then 67,000 USDT.
Stop Loss: Set below 62,900 USDT.
If support holds, this could be a good opportunity for a bullish trade. Stay cautious and watch the market closely!
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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.
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.