melikatrader94

Bitcoin's Potential for Growth

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
hello guys...

Bitcoin has recently broken through two zones, one dynamic and one static, prior to the formation of a head and shoulders pattern. The potential return to this area may act as a catalyst for an increase in the value of Bitcoin.

Looking at the chart, we can see that after the formation of the head and shoulders pattern, there was a decrease in the height of the head. However, currently, the price is situated on a significant and critical level, which could potentially indicate the start of an upward trend.

Based on this analysis, it is suggested that a position be set for both of the mentioned areas at a ratio of 40:60, meaning that 40% of funds should be allocated to the dynamic zone, while the remaining 60% should be reserved for the static zone. This approach can help manage risk while providing an opportunity to profit from potential upward trends.


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