TradingView
ForecastCity
Dec 16, 2020 5:41 PM

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

BINANCE:BTCUSDT60
Bitcoin / TetherUSBinance

Description

⋅
Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (20100).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. BTCUSDT 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 73.

Take Profits:
TP1= @ 20860
TP2= @ 21300
TP3= @ 22000
TP4= @ 22700
TP5= @ 23500

SL= Break below S2

❤️ If you find this helpful and want more FREE forecasts in TradingView

. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!

❤️ Your Support is very much 🙏 appreciated!❤️
💎 Want us to help you become a better Forex trader?

Now, It's your turn!
Be sure to leave a comment let us know how you see this opportunity and forecast.

Trade well, ❤️
ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsBTCBitcoin (Cryptocurrency)USDusdtdollartetherBTCUSDTbitcointether
Comments
sofi_Morphy
⋅
Good analysis
ForecastCity
⋅
@sofi_Morphy, Thank you for your comment. We appreciate it
Lizabet
⋅
Excellent analysis. Keep it up 👌
ForecastCity
⋅
@Lizabet, Thank you! Hope it's inspiring.
Josef_anderson
⋅
the fifth target is reached! thanks!
ForecastCity
⋅
@Josef_anderson, We're glad you like it.
Shegslove
⋅
satisfactory
ForecastCity
⋅
@segunjimoh13, Thanks. We're glad you like it.
Kristalyn
⋅
It seems to be so accurate.
ForecastCity
⋅
@Kristalyn, Thanks. We're glad you like it.
More