Hello traders,
I hope you all are doing well.
In our previous BTC update, we mentioned the rejection of BTC due to the RSI losing momentum. The price dropped 11% and currently holds at an important support range between 57.7k and 58.3k.
With the current price at 59.1k and the RSI gaining bullish momentum, BTC is expected to rally 10%-12%.
However, if BTC closes below the blue support box, it will invalidate the rally and likely experience a further drop.
Entry: 57.7k to CMP.
Stop loss: 57.2k.
Leverage: 10x-20x.
Target: 10%-12%.
Make sure you do your own research and analysis before investing.
Trade safely.
Regards,
Team Dexter.