BTCUSDTPERP
Need to check whether it forms a support sectionHello?
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In order to construct support and resistance, a volume profile section must be formed.
In order for a volume profile section to be formed, candles must appear concentrated in a specific section.
Accordingly, we need to consider whether BTC's current position is worthy of it.
If you look at the previous candle, it is located in the section where the high point was formed.
However, since the concentration of candles is not that high, its role as a volume profile section can be seen as weak.
Therefore, I think that the shaking in the current position should be interpreted as psychological support because it corresponds to the previous low point.
Therefore, it is necessary to check whether there is support or resistance in the current psychological support range, that is, around 24800.0-25166.0, the previous low point.
Determining whether you are supported or resisted is tedious and difficult.
These operations require at least 1 to 3 days to see movement.
The end of support and resistance confirmation operations are likely to follow a trend using three candles.
Therefore, in these turbulent sections, that is, areas where support and resistance are to be formed, it is recommended to take your time and check for candlestick patterns to be formed.
If it falls below 24800.0 and becomes resistance, there is a possibility of a sharp decline.
This plunge should be confirmed as support near 22963-22826.15.
Caution is required as rapid volatility may occur if the price fluctuates in the 23732.66-24376.02 range.
Therefore, caution is required as there is a possibility that the volatility generated by stopping in this section may be fake.
In normal cases, when a price falls, it often does not fall to the range that everyone expects.
Conversely, when it rises, it often does not rise to the range everyone expects.
This movement that breaks the normal case corresponds to the section where a new trend is formed, that is, the section with high volatility.
Therefore, the current expected decline range is 22963.0-22826.15.
Even if it falls further, it is expected that it will likely sideways again in the 22963.0-22826.15 range.
If it is supported and rises around 24800.0-25166.0, the key is whether it can rise above 26101.77-26189.99.
If not, even if it rises, it is expected to fall again.
If you encounter the MS-Signal indicator when rising, it is important to maintain the price above the MS-Signal indicator.
This is because in order to show an upward trend, it is highly likely that the MS-Signal indicator will start when it shows an upward sign.
To reiterate, this means that there is a high possibility that the rise will be stable.
Even if it starts to rise like this, caution is needed as the area around 26101.77-26189.99 mentioned above is likely to act as a resistance zone.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
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** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
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BTCUSDT at 4h support and likely to head up towards 26600The original swing trade is on but here is another trade idea on shorter time frame. The price has pulled back to 4h support and I think it is likely to bounce from here towards 4h resistance. Therefore, a long trade is favorable here towards 26600.
📊I have a crazy plan for BTC💥The current market sentiment is mainly biased towards the short forces. It is undeniable that I am also a member of the short forces.📉
But after comparing the PA before and after, I discovered an interesting phenomenon, that is, before each plunge, it will rise to sweep the previous high, in order to collect enough liquidity to make the decline more explosive.💥
➡️So I did a trajectory simulation of a possible rising N-type structure📈
🍻If I succeed, please contact me if you want to participate in the next project. It is not easy to make. If you choose to support me, please give me a reward of 10 US dollars, and I will share the next perfect plan with you.🌕
✔️If I fail, I will send everyone a red envelope in my trading channel.🧧
Guys, do you think this plan will work?
I tried to reveal this plan to the whales.🐋
👏Welcome everyone’s messages and comments💬
🤜If you like my analysis, please like 💖and share it💬
🚨Bitcoin ready to Fall again 🗺️(15-Min)🚨🚶♂️Bitcoin has been moving in an Ascending Channel for several hours.
🌊According to Elliott wave theory , Bitcoin seems to be forming a Double Three Correction (WXY) .
🔔I expect Bitcoin to fall at least to the Target I specified in the chart after Breaking the ascending channel.
❗️ Note ❗️: If Bitcoin breaks the ascending channel, the scenario will probably change
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🌐➕ Positive News ➕🌐:
PayPal PYUSD stablecoin is 100% backed: Paxos transparency report
🌐➖ Negative News ➖🌐:
🔥Mt. Gox repayment date looming.🔥
🔥The Big Day is September 13th: Court May Grant FTX Liquidation Permission - Here are the Cryptocurrencies Under Threat of Liquidation.🔥
Coinex confirmed its platform was hacked.
Coinbase to Face ‘Reality Check’ as Retail FOMO Is Fading, Mizuho Says.
Asia Remains Strong as Global Crypto Adoption Declines
Binance.US cuts third of staff as CEO Brian Shroder leaves.
US CPI inflation increases to 3.7% in August vs. 3.6% anticipated.
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin Short trade IdeaMy basic premise is that Bitcoin is in the midst of relief rally/ short squeeze. If Bitcoin breaks above 28K and holds support, I will reconsider my opinion.
IMO, there is confluence for a short trade between 27K – 27.3K.
Possible Short triggers:
1. The 200D EMA, at 27K, may act as resistance.
2. The 50D EMA, at 27,076, may act as resistance.
3. Supply Zone (1H) between 27K 27.3K
4. Trendline resistance at 27K.
4. SL is at the 50% of the wick at 27.43K
Wait for a rejection. It is possible that this squeeze will run as high as 28K.
Trade Idea:
• Entry: 27, 050
• SL: 27,450
• TP1: 25,300
• Target: 23,500
• R:R: 1:3.89 to first TP.
NFA
What do you think? Please share in the comments
Best Wishes
Bitcoin Analyze🗺️(15-Min)✅Bitcoin managed to break the Resistance line hours ago.
🌊With Bitcoin breaking the Resistance line , we can confirm the end of the main wave A .
🔔I expect Bitcoin to reach the 🟡 Price Reversal Zone(PRZ) 🟡 in the coming hours and then start to fall until the resistance line (actually a pullback ).
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🌐➕ Positive News ➕🌐:
Tom Emmer Sponsoring Amendment To Prevent Gary Gensler From ‘Weaponizing the SEC’ Against Digital Assets.
ANTHONY POMPLIANO SAYS BITCOIN BULL RUN IS COMING.
Bitcoin Adoption: Addresses Saw 2nd-Highest Rise In History This Weekend.
Ex-PayPal, Facebook exec David Marcus says Lightning can turn Bitcoin into a ‘real global payment network.’
Long-term Bitcoin holders continue to eclipse the exchange supply.
Justin Sun plans to buy the tokens and assets of the bankrupt FTX exchange, which it can sell from September 13, to reduce the selling pressure on the market.
🌐➖ Negative News ➖🌐:
🔥Mt. Gox repayment date looming.🔥
🔥The Big Day is September 13th: Court May Grant FTX Liquidation Permission - Here are the Cryptocurrencies Under Threat of Liquidation.🔥
Coinbase To Put An End Operations in India.
Strong Dollar and Regulatory Woes Causing Negative Sentiment Among Institutions.
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC 1H trading plan1H time frame
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After huge pump from 24900, Bitcoin starts consolidating currently.
From the perspective of long, Bitcoin is creating a potential continuation pattern, such as a triangle structure. Therefore, we can focus on the support strength at 25700, if the support is workable for Bitcoin, trading plan will be triggered as below.
TP: 27385
SL: 25420
🚨☠️Dead Cross☠️ Happened🚨💡First, I must say that the most important thing that happened a few minutes ago was the ☠️ Dead Cross Signal ☠️.
📚☠️ Dead Cross Signal ☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA) , usually the 50-day , crosses below its long-term moving average, usually the 200-day .
📚🥇 Golden Cross Signal 🥇: In technical analysis, a golden cross occurs when the 50-day Moving Average(MA) crosses above the 200-day moving average. It's a bullish sign, indicating that the market may be heading toward a longer-term uptrend or bull market.
🌊Bitcoin has started its Major Corrective Waves in the Descending Channel for more than two years.
🌊Currently, Bitcoin has managed to complete its Five Impulse Waves above the descending channel.
🌊After breaking the Uptrend line , we confirmed the end of the Main Wave 5 .
🌊Bitcoin is currently completing the first corrective wave, Wave A , in the 🟢 Heavy Support zone($25,280-$23,900) 🟢.
🔔I expect Bitcoin to start rising again from the 🟢 Heavy Support zone($25,280-$23,900) 🟢 and get back near the upper line of the descending channel and then fall again and break the 🟢 Heavy Support zone($25,280-$23,900) 🟢 and fall to the🟡 Price Reversal Zone(PRZ) 🟡 and fill the 🔵 CME Gap 🔵. (My expectation is that the structure of corrective waves is Zigzag(ABC/5-3-5) ).
Bitcoin Analyze ( BTCUSDT ), Daily time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
#DOMINANCE AT DO OR DIE CONDITION!DAILY TIME-FRAME UPDATE FOR #DOMINANCE
As shown in the graphic, dominance is creating two patterns, one of which is a rising channel pattern and the other a symmetrical triangular pattern.
Dominance is up against the 300D strong resistance, so ideally we can anticipate a rejection from here. However, if dominance breaks this level, it will rebound to the channel's upper level, or about 8.77%.
We have support from 8% to 7.80% and 7.50%.
Disclaimer: This analysis is not financial advice. Trading cryptocurrencies involves risk, and past performance is not indicative of future results. Always conduct your research and consult with a professional advisor before making investment decisions.
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📉 MVRV Indicator: When Oversold Means Opportunity 🚀📊 Understanding MVRV: The MVRV indicator measures the ratio of an asset's market value to its realized value. It helps traders assess whether an asset is overvalued or undervalued relative to its historical price action.
📉 Oversold Conditions: One of the key insights that MVRV provides is identifying when an asset is in an oversold condition. When the MVRV ratio drops significantly below 1.0, it suggests that the asset's market price is lower than the realized value, indicating potential undervaluation.
🚀 A Signal for Bulls: An oversold MVRV can be seen as a bullish signal, as it may suggest that the market has corrected too far to the downside. Historically, such conditions have often preceded the start of bullish trends.
🔍 Additional Confirmation: While the MVRV indicator can provide valuable insights, it's important to consider other factors and indicators to confirm a bullish trend. Technical analysis, trading volume, and fundamental news can all play a role.
🌐 The Crypto Landscape: Keep in mind that the crypto market is highly dynamic and can be influenced by a wide range of factors. Risk management and a comprehensive trading strategy are essential.
In conclusion, the MVRV indicator's ability to highlight oversold conditions can be a valuable tool for traders. When used in conjunction with other analytical methods, it may offer insights into potential bullish opportunities.
Stay vigilant, stay informed, and remember - the crypto market is full of opportunities for those who approach it with a well-rounded strategy! 📊🚀
❗See related ideas below❗
Follow + Like this post and share your insights in the comments; your engagement fuels the crypto conversation! 💚🚀💚
Bitcoin is Ready to 🚀Pump🚀 Again⏰(4-Hour)⏰🤝Maybe everyone is watching Bitcoin, but I hope you are always in profit and enjoying your profit.
🚀Today, I want to share a bullish scenario that is not far away.
🌊For me, the best tool for determining the Bitcoin roadmap is the Elliott Wave Theory , as my old followers know.
💡Bitcoin is currently seriously attacking the 🟢Heavy Support zone($25,280-$23,900)🟢 for the second time, in my opinion. Generally, it takes more than two tests of a Heavy Support or Resistance zone to break. So, I expect Bitcoin to Fail the second time around.
🌊In terms of Elliott waves , Bitcoin seems to be moving in microwave 5 of the main wave 5 .
🔔I expect the main wave 5 to finish in 🟡 Price Reversal Zone(PRZ) 🟡, and Bitcoin will be pumped at least UP to the Resistance line (of course, after the Downtrend line breaks).
⚠️ Note : If BTC touches $23,000 Scenario will Change.
⚠️The negative thing that can worry us is that if Bitcoin issues the ☠️Dead Cross Signal☠️ , we should see the loss of the 🟢 Heavy Support zone($25,280-$23,900) 🟢.
📚☠️ Dead Cross Signal ☠️: The death cross appears on a chart when an asset's short-term Moving Average(MA) , usually the 50-day , crosses below its long-term moving average, usually the 200-day .
Bitcoin Analyze ( BTCUSDT ), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🔻 BTCUSDT 🔻 SHORT - Local on September 11thBTC 1-hour Chart - BINANCE:BTCUSDT COINBASE:BTCUSDT BINANCE:BTCUSDT.P OKX:BTCUSDT.P
We observed a liquidity pullback accompanied by a price imbalance overlap.
Anticipating a further 5% price decline with a target at 24450 .
I've indicated potential correction levels on the chart.
Wishing everyone profitable trades...
P.S. If you find this idea interesting, hit the "Rocket" 🚀 (👇). It would be greatly appreciated and motivates me to continue sharing my market insights.
Subscribe ↗️ to stay updated on new ideas.
Bitcoin ⚔️Attacks⚔️ the Support line again⏰(1-Hour)⏰🌟Bitcoin managed to form a Shooting Star Candlestick Pattern in 🟡 Price Reversal Zone(PRZ) 🟡.
🌊Regarding Elliott waves , it looks like Bitcoin is completing the Double Three Correction waves (WXY), although I have another wave count for wave 4, which again points to Bitcoin falling .
🔔I expect Bitcoin to Fall near the Support line .
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🌐➕ Positive News ➕🌐:
This Analyst Believes a Spot Bitcoin ETF Could Push Prices Over $42,000 Within 100 Days
Latest Comments from Coinbase CEO: “SEC Chairman May Change in 2024, We Are Developing New System Instead of Stablecoins”.
🌐➖ Negative News ➖🌐:
Crypto Liquidity Becoming More Concentrated Within Top Exchanges, Says Analytics Firm Kaiko.
🔥Mt. Gox repayment date looming.🔥
🔥The Big Day is September 13th: Court May Grant FTX Liquidation Permission - Here are the Cryptocurrencies Under Threat of Liquidation.🔥
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Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Bitcoin is Ready to ⚔️Attack⚔️ the Support line⏰(15_Min)⏰✅As I expected, Bitcoin is completing the waves that I shared with you in the last few days. (I suggest you follow the previous posts to get a better understanding of the Bitcoin roadmap .).
↘️Bitcoin came back below the Resistance line and attacked the 🟢 Support zone($25,840_$25,600) 🟢.
🌊In terms of Elliott wave theory , Bitcoin is completing its 5-wave downtrend;it seems to be completing wave 4 in 🟡 Price Reversal Zone(PRZ) 🟡.
🔔I expect Bitcoin will attack the Support line .
📚Of course, it should be noted that wave 4 may continue on Saturdays and Sundays , the reason being that the Volume Trading is generally low on these days.
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🌐➕ Positive News ➕🌐:
Nearly Half Of Institutions Are Holding Digital Assets For Clients: Report.
JPMorgan moves into deposit tokens for settlements: Report.
🌐➖ Negative News ➖🌐:
Bitcoin liquidates $23M in shorts as BTC price tags new September high.
CFTC Goes After Opyn, Other DeFi Operations in Enforcement Sweep.
IMF Releases New Paper to Address Crypto’s Risks to Financial Stability.
11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex.
Bitcoin worth $128 million sent to exchanges.
FED Statement on Stablecoins!
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Bitcoin Analyze ( BTCUSDT ), 15-minute time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
🚨 Bitcoin Ready to Fall Again🚨⏰(1-Hour)⏰✅As I expected in the post a few hours ago, Bitcoin was able to break the Resistance line(1) and reach the 🟡 Price Reversal Zone(PRZ) 🟡.👇
🌊According to the theory of Elliott waves , Bitcoin managed to complete the Double Three Correction(WXY) waves at the 🟡 Price Reversal Zone(PRZ) 🟡 and the Resistance line(2) .
💡Also, we can see a Regular Divergence(RD-) between Volume and Price between two consecutive Peaks .
🔔I expect Bitcoin to come back below the Resistance line(1) in the coming hours, and this time it is likely to break the 🟢 Support zone($25,840_$25,600) 🟢.
Bitcoin Analyze ( BTCUSDT ), 1-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
BTC ANALYSISPsychological Analysis: The market is strongly bearish and more and more FUD is loading. For now, FTx uncertainty regarding CRYPTOCAP:SOL is loading as we predicted a few months ago when watched the FTx data. It's not only CRYPTOCAP:SOL that is affected, but the entire Altcoin and BTC sector. We enter into the phase of FUD and fear which has not even started yet. Meanwhile, market makers are fake pumping altcoins to liquidate those shorts from above with sudden fake pumps, just to nuke it afterwards. It gives us hints that market makers know BTC's next move, and want to take out most of altcoin shorts with these fake pumps. At the same time, they send BTC into the boring sideways zone. Indeed, the next BTC leg down will fully nuke the Altcoin sector. You have been warned. For now, I am watching several options we might see for BTC before hitting my final target of $ 23,500. The best short entry for those that missed my call at 31k region is currently at $28.600 region. Pray that the market allows you to visit again if it happens. I would add more to my shorts. I have been mentioning $28.600 for a longer time to retest the breakdown of MA100 which happened on the 17th of August. So far we have not retested the breakdown, and at the same time, a big liquidity pool is perfectly matching in the same region. There are more than enough reasons for market makers to bring it to the $ 28,600 region. This is not a long call! However, general information on what might be the next moves of the market makers. Be prepared for all scenarios. All in all, zoom out, and the final target remains on the downside with a target of $23.500 as we spoke about an incoming sideway movement that took place as expected. This week is more volatile if important numbers released on Wednesday (CPI) and Thursday (PPI) are higher or lower than the expected numbers.
#BTC #BINANCE #FUTURES #TRADING
Check the trading volume to avoid being fooled by fakesHello?
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(BTCUSDT chart)
It touches around 25615.38 and shows an upward trend.
(1D chart)
Accordingly, if it does not rise above 26101.77-26188.99 quickly, it is expected to eventually fall.
At this time, you should check whether it is supported around the previous low point of 24800.0-25166.0.
Low time frame charts, that is, charts below 1D charts, are areas where fakes appear severely.
It is likely that it will pretend to fall and then change direction sharply.
Therefore, in order to avoid being deceived by fakes, you need to have peace of mind and check the trends in trading volume.
Since the trading volume indicator has been removed from this chart, you must check it by the color of the candle body.
This is because the darker the color of the candle body, the more significant trading volume has occurred.
The 23732.66-24376.02 area corresponds to the support and resistance area formed at the previous high point.
Therefore, I think that when it falls below the previous low point (24800.0-25166.00), it falls into a zone where it may fluctuate for a while.
I have indicated this so that you do not be fooled by this rattle.
If it falls below the 24800.0-25166.00 range, you should check for support around 22963-22826.15.
Since they keep talking about a decline, I think you will think that it will definitely fall this time.
However, if you have read what we published earlier, you will understand why we are talking more about the decline.
To briefly summarize, this is because it fell from the HA-High indicator and touched the HA-Low indicator.
This is because it means that we have entered a trend reversal phase.
Therefore, if there is a decline during the current trend transition phase, you should think of it as a downward trend.
In that sense, the 26101.77-26189.99 section corresponds to a very important support and resistance section.
Therefore, the maximum support range in the current section is around 24000.0, the previous low point.
If it falls below that level, there is a high possibility that the selling price will increase rapidly.
If it rises to the 26101.77-26189.99 range, I think the area around 28797.1 is the limit of the rise.
These limit areas, or resistance areas, are expected to lead to waves to change the trend.
I believe that a wave that changes a trend is a wave that must come out at least once in order to change the trend.
Therefore, even if it is not as shown in the picture above, it will definitely appear at least once.
What is important in these waves is which section is supported.
From the current point of view, the support range is expected to be 26101.77-26189.99 at the lowest level.
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- The big picture
The full-fledged upward trend is expected to begin when the price rises above 29K.
This is the section expected to be touched in the next bull market, 81K-95K.
-------------------------------------------------- -------------------------------------------
** All explanations are for reference only and do not guarantee profit or loss in investment.
** Trading volume is displayed as a candle body based on 10EMA.
How to display (in order from darkest to darkest)
More than 3 times the trading volume of 10EMA > 2.5 times > 2.0 times > 1.25 times > Trading volume below 10EMA
** Even if you know other people’s know-how, it takes a considerable amount of time to make it your own.
** This chart was created using my know-how.
---------------------------------
BTCUSD Long Term BUYING Trading IdeaHello Traders
In This Chart BTCUSD DAAILY Forex Forecast By FOREX PLANET
today BTCUSD analysis 👆
🟢This Chart includes_ (BTCUSD market update)
🟢What is The Next Opportunity on BTCUSD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
BTC recent target 275654h time frame
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Bitcoin creating the similar structure with previous one, formed from Aug 23rd to Aug 29th.
Getting support again at 25700, according to the symmetrical pattern, Bitcoin has potential to reach 27565 in near future. Therefore, we can set up a plan as below.
TP: 27565
SL: 25090