BTC/USDT | Potential Upward Movement π π¨
Technical Analysis:
The bitcoin price is trading inside a bullish ascending channel formation which shows that we are in a clear uptrend. A lower correction might be seen soon to the area of confluence. This zone is made of a daily support and a 61.80% Fibonacci retracement level. After the bounce at this area, we could see the price rallying upward again.
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Trade Idea:
Buy Limit Order @ 57764
Take Profit @ 59608
Stop Loss @ 56961
Trade Safely π
Technical Analysis:
The bitcoin price is trading inside a bullish ascending channel formation which shows that we are in a clear uptrend. A lower correction might be seen soon to the area of confluence. This zone is made of a daily support and a 61.80% Fibonacci retracement level. After the bounce at this area, we could see the price rallying upward again.
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Trade Idea:
Buy Limit Order @ 57764
Take Profit @ 59608
Stop Loss @ 56961
Trade Safely π
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π£ Our Website :
forexrobotnation.com/
π‘ Our Youtube Channel :
www.youtube.com/c/tradewithpat
βοΈ Our TikTok
tiktok.com/@tradewithpat