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ForecastCity
Jan 2, 2021 1:49 PM

💡Don't miss the great buy opportunity in BTCUSDT Long

Bitcoin / TetherUSBinance

Description

Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (29940).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. Bitcoin/Tether is in a uptrend and the continuation of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 81.

Take Profits:
TP1= @ 32000
TP2= @ 32460
TP3= @ 33000
TP4= @ 34000
TP5= @ 34960
TP6= @ 36500

SL= Break below S2

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Comments
Josef_anderson
nice setup. thanks!
ForecastCity
@Josef_anderson, You're welcome. 👍
Pro_Trader_007
Thank you so much. I got TP4.
ForecastCity
@Pro_Trader_007, It's good to hear. We appreciate your comment. 💎🙏💎
TheSignalyst
Let's see how it goes from here! I am watching its price action closely now
ForecastCity
@TheSignalyst, Thanks for being interested in this idea. We hope you've enjoyed it.
Lizabet
Excellent idea, Well Done
ForecastCity
@Lizabet,  Thank you for your comment. We appreciate it
Mamlek
Nice chart, you are the best bro
ForecastCity
@Mamlek,  Thank you very much
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