tamasauskas05
@t_tamasauskas05
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Bitcoin Backing to 60000
The recent volatility in the cryptocurrency market has caught the attention of traders worldwide. Bitcoin (BTC) has been on a rollercoaster ride, and now there’s a possibility of a pullback. Let’s delve into the details: Technical Analysis: BTCUSD is currently trading around the EMA 34 and 89 lines, hovering near the $63,790 mark. The daily chart reveals a pattern of range-bound movement, with sellers testing buyers. Support: The $62,000 area. Resistance: The $73,000 area. Trading Idea: Sell BTCUSD: Stop Loss (SL): $65,000 USD Take Profit 1 (TP1): $62,100 USD Take Profit 2 (TP2): $59,700 USD Rationale: Bitcoin has recently found strong support around the $60,000 level. Traders are closely monitoring the market, and the current price action suggests a potential pullback. Keep an eye on the price movement and adjust your strategy accordingly.Bitcoin @ 60000 on 30 April @ 19:15:28 UK Time
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.