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ForecastCity
Nov 4, 2019 10:30 PM

Don't miss the great buy opportunity in BTCUSD Long

Bitcoin / U.S. dollarBitstamp

Description

Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (8927.70). if so, traders can set orders based on Price Action and expect to reach short-term targets.

Technical analysis:
. BTCUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 61.

Take Profits:
TP1= @ 9801.25
TP2= @ 10933.04
TP3= @ 12279.70

SL= Break below S2
Comments
Forecast_Crypto
Appreciated your content, Thanks a lot!
ForecastCity
@Forecast_Crypto, You got it.
fxniki
Nice job.
ForecastCity
@fxniki, Thanks for your nice comment.
Best_Forecast
Great analysis buddy
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