BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
This trading idea suggests opening a long position on BTC from 28900 to 28600 based on the Pattan Cypher and Navarro200 indicators. The Pattan Cypher indicator has identified a bullish reversal pattern, while the Navarro200 indicator is showing oversold conditions for BTC. If the price of BTC breaks out of the 28600 support level, it could potentially continue to rise to the next resistance level at 32000. However, traders should carefully consider their risk management strategy and trade with funds they can afford to lose.

Trade active:
28900

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.