The BTC/USDT (Bitcoin) pair on the M30 timeframe presents a potential buying opportunity due to a recent upward breakout.
Key Points:
Buy Entry: Consider entering a long position (buying) above the broken resistance level of the channel, ideally around 5900 after confirmation of the breakout. This offers an entry point close to the perceived shift in momentum.
Target Levels: Initial bullish targets lie at the following points, based on the channel and recent price movement:
62274: This target is obtained by measuring the height of the channel (from the base to the breakout point) and adding that distance to the breakout price.
63830: This is a further extension of the upside target, based on roughly twice the height of the recent price movement before the breakout.
Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the channel, ideally around 56500. This helps limit potential losses if the price unexpectedly reverses and breaks back downwards.
Thank you.
Key Points:
Buy Entry: Consider entering a long position (buying) above the broken resistance level of the channel, ideally around 5900 after confirmation of the breakout. This offers an entry point close to the perceived shift in momentum.
Target Levels: Initial bullish targets lie at the following points, based on the channel and recent price movement:
62274: This target is obtained by measuring the height of the channel (from the base to the breakout point) and adding that distance to the breakout price.
63830: This is a further extension of the upside target, based on roughly twice the height of the recent price movement before the breakout.
Stop-Loss: To manage risk, place a stop-loss order below the broken resistance line of the channel, ideally around 56500. This helps limit potential losses if the price unexpectedly reverses and breaks back downwards.
Thank you.
交易开始:
Today High Impact News :⚠️
🔖USD - NFP
🔖USD - Unemployment Rate
🔖USD - Global Service PMI
🔖USD - NFP
🔖USD - Unemployment Rate
🔖USD - Global Service PMI
订单已取消:
📊📊📊
In my view, Today's NFP and unemployment data seem to be strengthening the USD.
So now, Closed around entry itself. and take sell entry in ETH/USDT. Chart Updates
In my view, Today's NFP and unemployment data seem to be strengthening the USD.
So now, Closed around entry itself. and take sell entry in ETH/USDT. Chart Updates
评论:
👉👉 Join My Telegram Channel :
✳️✳️ Free Forex Signals & Technical Chart : telegram.me/kabhifx
📞📞Whatsapp me @ (+91) 97888-12123
✳️✳️ Free Forex Signals & Technical Chart : telegram.me/kabhifx
📞📞Whatsapp me @ (+91) 97888-12123
