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ForecastCity
Nov 3, 2020 2:47 PM

πŸ’‘Don't miss the great buy opportunity in BTCUSDΒ Long

Bitcoin / DollarBitfinex

Description

β‹…
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (13601.0).
. 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 66.

Take Profits:
TP1= @ 13747.0
TP2= @ 13840.0
TP3= @ 14055.0
TP4= @ 14290.0

SL= Break below S2

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Comments
DenizKilicDeniz
β‹…
That's a good call. Thanks for sharing.
ForecastCity
β‹…
@DenizKilicDeniz, You're welcome! Thanks for your comment.
Pro_Trader_007
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Thank you for sharing such a fantastic buy opportunity. πŸ‘
ForecastCity
β‹…
@Pro_Trader_007, You're welcome!

Thanks for your kind comment. πŸ’ŽπŸ™πŸ’Ž
Kristalyn
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Thanks for the idea. Please keep updating them πŸ‘Œ
ForecastCity
β‹…
@Kristalyn, You're welcome!

Sure! Please follow us here for updates.
Kamryn
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Don't you think we need to be more careful about USD?

Because of the US presidential election I mean.
I checked your website and you said there will be will the possibility of a significant increase in market volatility across all financial instruments!

Thanks by the way it's a great TA.
ForecastCity
β‹…
@Kamryn, You're most welcome! Thanks for sharing your feedback.
dt171188
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Thanks for sharing!

What kind of lot size would you suggest for someone relatively new to this?
ForecastCity
β‹…
@dt171188, You're very welcome. Decisions about lot size are entirely up to the traders.
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