đ„đ„BTC/USDT đ„đ„
đ Technical Analysis Update đ
đ Weekly Chart and EMA7 Bounce:
The weekly chart often shows a wick below the EMA7, followed by a bounce if weâre in a bull market. Letâs keep an eye on this pattern.
đą Green Week and Liquidity Trap:
Anticipating a positive week for BTC/USDT. The liquidity trap has already occurred confirming by weekly chart.
đ Technical Signals:
Daily Chart: A nice bounce from the EMA100, indicating an absolute bullish scenario.
Bollinger Bands (Daily): Price closed above the middle band, breaking dynamic resistance.
4-Hour Chart: Bollinger Bands crossed the EMA99 line, suggesting a reversal.
1-Hour Chart: Confirms an absolute bullish trend in the short term.
đ Entry and Targets:
Entry Range: $66,300-$66,800 (after 4-hour candle close).
Stop Loss: Below $62,000.
Immediate Take Profit: $74,000-$78,000 (consider trailing stop).
đ Donât forget to like, share, and comment! Happy trading! đđ„
Remember, crypto markets can be volatile, so stay informed and adjust your strategy as needed. Good luck! đđ
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