A Bullish Outlook from Monthly and Weekly Charts
Aggiornato
#BTCUSDT | WEEKLY TIMEFRAME UPDATE
The price of #Bitcoin has dropped more than 20% in the past few days, and many of you are wondering: Is #Bitcoin still bullish or has it turned bearish?
Based on the monthly and weekly charts, #Bitcoin remains bullish, and we expect higher targets ahead.
Given this analysis, taking short positions at the current price would be against the trend.
Instead, we should look for confirmation on the daily and 4-hour time frames to open a long position within the $48,000 to $52,000 range.
Short-term objectives are: $54,620 - $56,400 - $58,600 ✅
Intermediate objectives are: $60,700 - $63,400 - $66,100 ✅
The long-term objectives are: $69,400 - $71,900 - $73,900 - $83,400 - $95,800 - $109,200 ✅
Invalidation is below $38,540. 🔴
The price of #Bitcoin has dropped more than 20% in the past few days, and many of you are wondering: Is #Bitcoin still bullish or has it turned bearish?
Based on the monthly and weekly charts, #Bitcoin remains bullish, and we expect higher targets ahead.
Given this analysis, taking short positions at the current price would be against the trend.
Instead, we should look for confirmation on the daily and 4-hour time frames to open a long position within the $48,000 to $52,000 range.
Short-term objectives are: $54,620 - $56,400 - $58,600 ✅
Intermediate objectives are: $60,700 - $63,400 - $66,100 ✅
The long-term objectives are: $69,400 - $71,900 - $73,900 - $83,400 - $95,800 - $109,200 ✅
Invalidation is below $38,540. 🔴
Nota
This analysis is based on the monthly and weekly charts. The midterm and long-term targets are derived from these higher time frames, so it may take some time to reach these targets.I've provided the targets, invalidation points, entry levels, and the direction of #Bitcoin. I hope this analysis is clear and helpful for you. ❤️
Nota
The direction of #Bitcoin, based on the monthly and weekly charts, is bullish.Nota
#BTCUSDT surged over 8.46% without leverage, hitting our second short-term target! 🤘
Hope you all made some great profits! 💸
Nota
💸#BTCUSDT | 4 HOUR TIMEFRAME UPDATE
#BTCUSDT surged over 15.29% without leverage, hitting our THIRD short-term target! 🤘
Hope you all made some great profits! 💸
Nota
#Bitcoin has reached its second intermediate target at $63,400, marking a remarkable 21.92% gain in the #BTCUSDT without any leverage!⚡️
Analyzing higher time frames is the key to unlocking market insights.
Nota
#BTCUSDT | WEEKLY TIMEFRAME UPDATE
I published a long-term analysis for #Bitcoin on August 5th, using the monthly and weekly charts. After 77 days, it hit our first long-term target, delivering a 33.63% gain without leverage. ⚡️
I've pinned the analysis to highlight the bullish trend on higher time frames.
I hope you followed this analysis and secured some solid profits! 💸
Trade attivo
#BTCUSDT | WEEKLY TIMEFRAME UPDATE
I published this #BTC analysis on August 5 and pinned it in our channel. It took 93 days for #Bitcoin to reach our third long-term target, delivering around 49% profit without leverage! ⚡️
Hope you took advantage of this analysis! 💸
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.