Hello traders! These are the key levels you should consider before entering trade. BTCUSD is in trending channel it can breakdown and give a move to the downside or it can continue its movement inside the channel.
If it breaks the channel to the downside we wont suddenly sell it but we will wait it to break 10990 and retest it and after breaking the support we will sell it. You can check your indicators after restest to sell the btcusd to Target 9750.
If it continue its movement inside the channel then we will buy at 11900 to target 13000. 13000 is the Next target of btcusd. BTCUSD will hit the 1300$ even after it fall to 9750 level. It will be good opportunity to invest in btcusd.
Don not forget to hit the like button and Follow to stay connected.
If it breaks the channel to the downside we wont suddenly sell it but we will wait it to break 10990 and retest it and after breaking the support we will sell it. You can check your indicators after restest to sell the btcusd to Target 9750.
If it continue its movement inside the channel then we will buy at 11900 to target 13000. 13000 is the Next target of btcusd. BTCUSD will hit the 1300$ even after it fall to 9750 level. It will be good opportunity to invest in btcusd.
Don not forget to hit the like button and Follow to stay connected.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.