BTC/USD BUY LONG
ENTRY 1 $9,568
ENTRY 2 $9,368
SL $8,995
TP.1 10,040
TP.2 10,268
TP.3 10,540
TP.4 10,840
tp.5 11,000
Downside areas of potential technical support related to both of those levels include the 9269.57 and 9389.28 areas. Additional areas of technical support that traders pushed BTC/USD below during its depreciation late last week include the 10149.22, 10095.40, 9887.63, and 9816.32 levels. The current phase of price consolidation has traders evaluating additional areas of potential downside technical support. Notably, the 9010.07 level represents the 61.8% retracement of the move from 10545.43 to 6526.00, and may provide some buying pressure when it is tested. The reversal of the pair’s recent ascent through and above upside price objectives could see some of those areas become potential areas of technical support. These levels include 9370.10, 9322.05, 9203.36, 9169.41, 9078.05, and 8880.87 among many others.
ENTRY 1 $9,568
ENTRY 2 $9,368
SL $8,995
TP.1 10,040
TP.2 10,268
TP.3 10,540
TP.4 10,840
tp.5 11,000
Downside areas of potential technical support related to both of those levels include the 9269.57 and 9389.28 areas. Additional areas of technical support that traders pushed BTC/USD below during its depreciation late last week include the 10149.22, 10095.40, 9887.63, and 9816.32 levels. The current phase of price consolidation has traders evaluating additional areas of potential downside technical support. Notably, the 9010.07 level represents the 61.8% retracement of the move from 10545.43 to 6526.00, and may provide some buying pressure when it is tested. The reversal of the pair’s recent ascent through and above upside price objectives could see some of those areas become potential areas of technical support. These levels include 9370.10, 9322.05, 9203.36, 9169.41, 9078.05, and 8880.87 among many others.