Mohammad_Ak2310

Bitcoin technical analysis _ 2023-09-20

BINGX:BTCUSDT.PS   BITCOIN / TETHER Standard Futures

Long position
After breaking the ceiling of the daily descending channel
And after breaking the upcoming resistance at the price of 28002
Entry 28150
The loss limit is 27,685
Free Risk 28715
Profit limit 29080
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Shorts position 1
If the price fails to break the ceiling of the daily descending channel and return from it
After the failure of the support ahead in the return from the ceiling of the descending channel at the price of 27365
Entry 27240
Loss limit 27715
Free Risk 26670
Save profit 26275
Save profit again 25800
profit limit 25600


Shorts position 2
If the short-term uptrend line is broken by the price
After breaking the important support at the price of 26,670
Entry 26600
Loss limit 26,885
Free Risk 26285
The profit limit is 25,800
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