Never forget to follow risk management in every trade.
This is not Financial advice. Do your own research before investing in any coins.
Trade closed: target reached
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Bitcoin Price Analysis: BTC/USDT LTF Analysis
Bitcoin (BTC) has been trading below HKEX:29500, as per the latest market trends. In this BTC/USDT LTF analysis, we will delve deeper into the current market scenario and analyze the recent price movements.
Chart Analysis:
The chart analysis shows that the predictions made earlier have come true. The entry point was $30390, and the targets were TP1: HKEX:29500 and TP2: $29000. The first target was achieved with ease, and the second target was almost hit, with the low point reaching $29283. As a result, the position was closed, and profits were booked.
Takeaways:
Controlled greed is essential in the cryptocurrency market. Accurate predictions can lead to profitable positions. Booking profits at the right time is crucial. Conclusion:
BTC/USDT LTF analysis indicates that the recent market trends have been favorable for profitable positions. The accuracy of the predictions made shows the importance of a well-informed market analysis. Therefore, it is imperative to keep a close eye on the market and make informed decisions for successful trading.
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