Maximilian_FX

BTCUSDT increased strongly again

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
Hello traders!

Here is my highly recommended long-term BTCUSDT Trading Strategy today:

BTCUSDT is currently consolidating above highs with a stable trend on the 1D timeframe. In the short term, the bears seem to have the upper hand as the price is showing signs of retesting the EMA 34.89 and retesting the bullish channel.

In the long term, this correction is of great interest to the bulls (as evidenced by the rising triangle pattern forming) with potential consolidation or consolidation above the 67,800 support level to further upside, while a breakout will lead to a decrease in prices.

I expect a recovery after the correction, if the price quickly returns to the resistance level then the possibility of a breakout will increase. Fundamentally and technically the Bitcoin market is showing positivity so we can expect a bullish scenario at this time. It is expected that this increase will reach the 100k USD mark in the breakthrough scenario. And you, what is your goal?
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