Bitcoin (BTC/USD) Trendline Support Bounced - Potential Swing
Bitcoin (BTC/USD) price has bounced up from $20000, forming a Trendline Support Line.
Intraday price pullbacks back down can occur this week and month.
Watching to see if a new 1-hour or 4-hour Uptrend forms for Long Swing Trading or not.
Bullish Targets would be: $24000, $26000, $28000.
However, if an intraday uptrend fails to form, there could be a re-test of support levels below.
Bearish targets would be: $22000, $21000, $20000.
Utilize stop loss, profit target, position sizing, and risk management.
All content is Not financial advice. Trade at your own risk.
Intraday price pullbacks back down can occur this week and month.
Watching to see if a new 1-hour or 4-hour Uptrend forms for Long Swing Trading or not.
Bullish Targets would be: $24000, $26000, $28000.
However, if an intraday uptrend fails to form, there could be a re-test of support levels below.
Bearish targets would be: $22000, $21000, $20000.
Utilize stop loss, profit target, position sizing, and risk management.
All content is Not financial advice. Trade at your own risk.
Trade closed: target reached:
BTC/USD Bullish swing trading Target of $24,000 reached on 07/20/2022 and 07/29/2022.
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Social Media links are in my profile.
Boost, comment, cheer, and share to support.
All posts are not financial advice.