mahmoodatarodi29
@t_mahmoodatarodi29
What symbols does the trader recommend buying?
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mahmoodatarodi29
The BTC price has shown a strong breakout above the 35k level, indicating bullish momentum. However, it has faced resistance around the 38k level and failed to break through. This suggests a potential weakness in the upward movement and a possible consolidation or correction in the near future. Considering this analysis, there is a likelihood that BTC may experience a pullback towards the 31k level before attempting to break above 40k. Therefore, our target for the trade is set at 31k, while the stop loss is placed at 38.5k to manage potential risks. However, it's important to note that cryptocurrency markets are highly volatile and can be influenced by various factors. It's advisable to consider other technical indicators, fundamental analysis, and market sentiment before making any investment decisions. Additionally, using proper risk management strategies is crucial to protect against potential losses
mahmoodatarodi29
I have identified a potential combination of the daily and weekly lows for the IOTABTC pair, which indicates a strong possibility of a significant increase in price. Based on this analysis, I anticipate a substantial upward movement for this pair. Our recommended stop loss for this trade is set at 0.0000051. To take advantage of potential price movements, I suggest placing buy orders in incremental steps, starting from 0.00000538 and going down to 0.0000052. Please keep in mind that trading involves risks, and it's important to conduct your own research and consider various factors before making any trading decisions.
mahmoodatarodi29
I have noticed a significant green candlestick in the price chart of gold, which suggests that the price has reached a level that is potentially suitable for initiating a short position. This candlestick indicates that the price is relatively high and may be due for a reversal.
mahmoodatarodi29
Short BTC Hi, Trades based on Wyckoff pattern have high R/R ratio with great movement in short period of time. As you can see BTC is pretty fitted in Wyckoff pattern and soon will touch 25K. S.L = 31.5K Target = 25K
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