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.
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.
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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.