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Rockqet
May 17, 2022 8:12 AM

BTCUSDT Potential for bullish momentum | 17th May 2022 Long

Bitcoin / TetherUSBinance

Description

On the H4, with the MACD showing a bullish momentum, we have a bullish bias that price will rise to our take profit at 31334.20 in line with the horizontal swing high resistance and 78.6% Fibonacci projection from our buy entry at 29554.29 in line with the horizontal swing low support, 61.8% Fibonacci retracement and 78.6% Fibonacci projection. Alternatively, price may break entry structure and head for stop loss at 28759.95 where the horizontal swing low support is.
Comments
alisorena123
so simple and i agree with it tnx for sharing
AtlasTrades
thank you so much for hard work, I think you are right and BTC/USD will go up soon
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