#Bitcoin has formed an inverse head and shoulders pattern. The breakout is on the upside, and the price is currently testing the trendline.
If BTC manages to stay above the $66.5k support level, we are likely to see a rally attempting to break the all-time high level at $63.7k.
Trading Strategy:
Entry: $66.3k to CMP.
SL: $65.4k.
Leverage: 5x to 10x.
Targets: $69.6k, $71.4k, $72.5k, $73.7k.
Not financial advice.
Trade safely.
Regards,
Team Dexter.
#BTC
If BTC manages to stay above the $66.5k support level, we are likely to see a rally attempting to break the all-time high level at $63.7k.
Trading Strategy:
Entry: $66.3k to CMP.
SL: $65.4k.
Leverage: 5x to 10x.
Targets: $69.6k, $71.4k, $72.5k, $73.7k.
Not financial advice.
Trade safely.
Regards,
Team Dexter.
#BTC
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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.