Selling Bitcoin at GETTEX:98K with take-profit (TP) levels at $95K, $90K, and $85K is a short strategy based on expected price declines. Here’s an analysis of potential outcomes: Market Outlook 1. Key Resistance & Support: Resistance: Around $100K, where Bitcoin has struggled to break higher. Support Levels: $95K: Minor support; a break could lead to...
To perform a technical analysis of Bitcoin (BTC) using MQL5 for algorithmic trading, we need to consider several factors, including price action, indicators, and market structure. Below is a breakdown of how you might approach this analysis with a target buy point of *108,000*. --- ### *1. Market Context* - *Current Price*: Check the current price of Bitcoin...
gold price forecast Based on your input, the technical analysis suggests a potential target of $2,825 from the current level of $2,688. Here are some key technical factors to consider: Bullish Indicators 1. Trend: If gold is in an uptrend (higher highs, higher lows), the target of $2,825 could be achievable. 2. Support Levels: Key support near $2,650–2,675...