🚀 $BTC Long 🔼 (Daily Chart)
The price of Bitcoin is testing the significant support of the Lower Bollinger Band (DN) daily, while the MACD indicator shows exhaustion of selling strength and the StochRSI is in the oversold zone, suggesting a potential technical rebound.
Trading Setup: LONG 🔼🟢
🟢 Entry: 66,800 - 67,400
🎯 Target 1: 69,000 (20-period Moving Average, MA)
🎯 Target 2: 72,000 (Recent price resistance)
🚫 Stop Loss: 63,800 (Below the support of the DN band)
⚠️ Manage your risk. This is just an analytical point of view, not financial advice. #BTC #tradingtips #BinanceSquare #bitcoin #criptotrader
The price of Bitcoin is testing the significant support of the Lower Bollinger Band (DN) daily, while the MACD indicator shows exhaustion of selling strength and the StochRSI is in the oversold zone, suggesting a potential technical rebound.
Trading Setup: LONG 🔼🟢
🟢 Entry: 66,800 - 67,400
🎯 Target 1: 69,000 (20-period Moving Average, MA)
🎯 Target 2: 72,000 (Recent price resistance)
🚫 Stop Loss: 63,800 (Below the support of the DN band)
⚠️ Manage your risk. This is just an analytical point of view, not financial advice. #BTC #tradingtips #BinanceSquare #bitcoin #criptotrader