Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (40374).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. BTCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 50
Take Profits:
TP1= @ 42200
TP2= @ 43286
TP3= @ 44508
TP4= @ 45394
TP5= @ 47166
SL= Break below S2
Now, It's your turn!
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
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