Bitcoin / TetherUS
Long
Updated

Bitcoin—BTCUSDT 25X—Long trade-numbers with 2,058% potential

867
Bitcoin dropped from a high of $76,000 to a low of $65,550, a strong retrace by any standard. The low level is a perfect support from 8-March, double-bottom and also intermediate higher low.

You know the old axiom: Sell at resistance, buy at support.
Bitcoin is now trading at support.

I am not saying that this is a 100% successful trade. I am only showing a chart that allows for risk to be taken with a high probability of success. Not 100% certainty, but the probabilities should go in your favor. The market will support you if you make the decision of being courageous when others are fearful. And there is also the signal from the RSI.

The 4H RSI hit the lowest level since 6-February producing oversold conditions. When this happens, a reversal becomes very close. The STOCH also supports a rising wave starting in the coming days.

Full trade-numbers below:
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LONG BTCUSDT

Leverage: 25X

Potential: 2058%

Allocation: 5%

Entry zone: $63,900 - $67,000

Targets:

0) $70,800
1) $74,565
2) $79,023
3) $83,481
4) $89,828
5) $97,913
6) $106,829
7) $112,345
8) $121,261

Stop: Close weekly below $63,000
_____

Thank you for reading, your continued support is highly appreciated.

If you enjoy the content, make sure to follow. New charts daily for Bitcoin and the altcoins, also stocks.

Namaste.
Trade active
Note
Targets:

0) $70,800 -Hit +165%
1) $74,565 -Hit +307%
2) $79,023 -Next target
3) $83,481
4) $89,828
5) $97,913
6) $106,829
7) $112,345
8) $121,261
Note
Targets:

0) $70,800 -Hit +165%
1) $74,565 -Hit +307%
2) $79,023 -Hit +475%
3) $83,481 -Next target
4) $89,828
5) $97,913
6) $106,829
7) $112,345
8) $121,261
Note
Targets:

0) $70,800 -Hit (+165%)
1) $74,565 -Hit (+307%)
2) $79,023 -Hit (+475%)
3) $83,481 -Hit (+643%)
4) $89,828 -Next target
5) $97,913
6) $106,829
7) $112,345
8) $121,261

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