Dion-FX

BTCUSD MID-WEEK ANALYSIS UPDATE 08/10/2023

Penjualan
Dion-FX Diupdate   
COINBASE:BTCUSD   Bitcoin
πŸ“ˆ BTC/USD: Short-term Drop with Upside Potential πŸ“‰

Recent USD weakness fueled a rise in BTC πŸš€. Now, with the Dollar initiating a pullback, I anticipate a short-term drop in BTC/USD. After that, I'm looking for a continuation to target the $31,500 level. Here's what to keep in mind:

- USD Influence: Recent Dollar weakness played a role in BTC's ascent πŸ“‰.

- Short-term Drop: Expect a temporary pullback in BTC as the Dollar regains strength πŸ“‰.

- Upside Target: The goal is to target $31,500 as the next potential move upward πŸš€.

- Risk Management: Set clear stop-loss and take-profit levels to protect your capital βš–οΈ.

- Technical Analysis: Use technical indicators, like moving averages or RSI, to time your entry and confirm trends πŸ“Š.

- Stay Informed: Keep an eye on news and events that could impact both BTC and the USD 🌐.

Remember, this analysis is not financial advice, and all trading carries risks 🚨. Make sure to do your own research and tailor your strategy to your risk tolerance. Good luck with your trading journey! πŸ€πŸ“ˆπŸ’Ή
Komentar:
BTCUSD ANALYSIS UPDATE 15/10/2023
Trading ditutup: target tercapai:
TP 2 30000 OF Main chart HIT TARGET 31500 HIT
Komentar:
FULL TARGET REACHED
MARKET WILL EVENTUALLY GO AN TAKE THE HIGHS

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