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A CLEAR MOMENTUM FOR BTCUSDT
Bitcoin / TetherUS
Long
A CLEAR MOMENTUM FOR BTCUSDT
By METFOD
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Sep 16, 2023
2
Sep 16, 2023
Hi Traders!
There is bullish momentum forming on the BTCUSDT 1D chart as the pair looks to possibly retest the resistance area.
Price Action 📊
There are higher highs and higher lows above the trendline support, and a bullish momentum candle is forming to break above the resistance
Looking for a momentum break and a close above 0.5 Fibonacci retracement for possible long entries at 25,840
Fundamental Analysis 📰
The market's outlook on the BTC has been very positive this week.
Risk ⚠️
No more than 5% of your capital
Reward 💰
At least 10% of your capital.
Please make sure to click on the like/boost button 🚀, as your support greatly helps.
Trade safely and responsibly.
METFOD
Chart Patterns
Technical Indicators
Trend Analysis
METFOD
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