BITCOIN (BTC) M15: BITCOIN TRADE ANALYSIS BULLISH
Trade setup buy
Entry Zone $67400/$66700
Target will be $72400
Stop Loss 65700
Overall bias: Bullish. The chart suggests that Bitcoin is likely to continue to rise in the short-term.
Technical indicators: You can mention the specific indicators you used in your analysis, such as the possible support level at $67400/$66700 and the target prices of $72,000 and $74,000.
Chart patterns: You can describe any chart patterns you see that support your bullish bias.
Here’s a possible description you can use:
This technical analysis suggests that Bitcoin is likely to continue its short-term uptrend. The price has been finding support around $67400/$66700 and could be headed towards targets of $72,000 and $74,000.
Trade setup buy
Entry Zone $67400/$66700
Target will be $72400
Stop Loss 65700
Overall bias: Bullish. The chart suggests that Bitcoin is likely to continue to rise in the short-term.
Technical indicators: You can mention the specific indicators you used in your analysis, such as the possible support level at $67400/$66700 and the target prices of $72,000 and $74,000.
Chart patterns: You can describe any chart patterns you see that support your bullish bias.
Here’s a possible description you can use:
This technical analysis suggests that Bitcoin is likely to continue its short-term uptrend. The price has been finding support around $67400/$66700 and could be headed towards targets of $72,000 and $74,000.