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ForecastCity_ME
Jul 19, 2020 8:03 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 lines. 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 below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.

Take Profits:
TP1= @ 9285.00
TP2= @ 9384.00
TP3= @ 9475.00
TP4= @ 9712.00
TP5= @ 9900.00
TP6= @ 10240.0

SL= Break below S2

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Comments
Shiva_forex
Love the clean analysis, very nice
ForecastCity_ME
@Shiva_forex, We appreciate your comment
Sir_Ray
Nice analysis as usual
ForecastCity_ME
@Sir_Ray, Thanks 😊 🍀
Kristalyn
Thanks, I will focus on this one too.
ForecastCity_ME
@Kristalyn, You're welcome 💙 🍀
Kamryn
I support your opinion, I think it will.
ForecastCity_ME
@Kamryn, Thank you for your comment 🍀
Forecast_Crypto
Your analysis is very accurate.
ForecastCity_ME
@Forecast_Crypto, Thank you 🍀
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