Here's another way to look at #Bitcoin in the hourly timeframe.
After hitting $59,476, #BTC got rejected as expected. The current price at $57.9k indicates a further downshift, possibly hitting the supporting trendline.
The yellow dotted line is acting as good support for #BTC and it is likely to maintain this support even if the price drops.
Also, we have the CPI news coming up in 6 hours. So, expect volatility in the market.
Entry: $55.7k to $56.8k.
Leverage: 5x to 10x.
Stop loss: $54.1k.
Target: $60k.
Not financial advice.
Trade safely.
Regards,
Team Dexter.
After hitting $59,476, #BTC got rejected as expected. The current price at $57.9k indicates a further downshift, possibly hitting the supporting trendline.
The yellow dotted line is acting as good support for #BTC and it is likely to maintain this support even if the price drops.
Also, we have the CPI news coming up in 6 hours. So, expect volatility in the market.
Entry: $55.7k to $56.8k.
Leverage: 5x to 10x.
Stop loss: $54.1k.
Target: $60k.
Not financial advice.
Trade safely.
Regards,
Team Dexter.
Not
#BTC once again pumped up to $59,579 because of the CPI news but soon got dumped as well. The yellow dotted line still managed to hold the price, and currently, we can see a nice rebound.
According to the analysis, BTC is likely to drop to $56.5k, followed by a decent rally close to $60k.
Entry: $55.5k to $56.5k.
Target: $60k.
Not Financial Advice.
Trade safely.
Regards,
Team Dexter.
#BTC
Not
BTC: $56.5k!
Not
A perfect call!
BTC hit the $60k as expected.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.