Technical analysis by clasaicrypto about Symbol BTC: Buy recommendation (8/9/2024)

clasaicrypto

📊📊📊📊📊 ✉️ Pair: BTCUSDT 📈 Direction: Long 💯 Leverage: Isolated 10x - 20x 📊 Entry: $59,800 ✅ ✅ Take-Profit: Target 1: $62,000 Target 2: $64,000 Target 3: $66,000 ⛔️ Stop Loss: $56,700 🏦 Amount: 1% of capital Analysis: Bitcoin has shown solid recovery and is currently trading above $60,000. The previous resistance has turned into support, indicating a potential for further upward movement. Given the current market conditions, a long position at $59,800 could be favorable. Strategy: Enter at $59,800 and set take-profit levels at $62,000, $64,000, and $66,000. Place the stop loss at $56,700 to manage risk. Risk Management: Use 1% of your capital for this trade and adjust leverage according to your risk tolerance. Monitor price movements and adjust your position as needed. Happy trading! 🚀 AND DON`T FORGE TO BOOST US :D:) We have better one`s :D BTC Don`t want breake UP :D