BTCUSD just broke the important resistance zone and trendline around 110000. This price increase to create a new ATH will create a large amount of FOMO in the market pushing BTCUSD to increase more than half. 116,000 FIbonacci extension points are considered the immediate Target for the uptrend.Waiting for retests to the support zone for the trend-following BUY strategy.
- Support: 110000-107500
- Resistance: 116000
- Buy zone: 110000 ( support + trendline)
- Buy Trigger: break above 112000
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Hit FULL TP For plan BUY BTCUSD. Really impressive
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☘️My Telegram Channel: t.me/VHTraderFX
Join me to get Trading signals, Trading knowledge for investors
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Related publications
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.