#BTC/USDT #Analysis Description --------------------------------------------------------------- + BTC is currently trading around the support zone, and the support is holding strong. According to Scenario 1, I expect the price to bounce back from this support zone. + Scenario 2: If BTC loses this support, the next support is around 60K. If BTC reaches this support line, there is a chance of a price bounce back, but it will weaken the overall BTC trend. + Worst Case: If BTC drops below 60K, the worst-case support level is at 56K. We can expect the price to hit this support zone and potentially bounce back from it. + Let's see which scenario plays out. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ [ This trade is based on our scenario 1 with tight stoploss ] Entry Price: 66128 Stop Loss: 63500 ------------------------------ Target 1: 67500 Target 2: 69500 Target 3: 71000 Target 4: 73000 ------------------------------ Timeframe: 1D Capital Risk: 1-2% of trading amount Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions.
Best Regards, VectorAlgo
Comment
Scenario 1 failed, Currently price moving as per scenario 2
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