Forex Signal For BTC/USD: Hammer Pattern Indicates Further Upside
Forex Signal For BTC/USD: Hammer Pattern Indicates Further Upside
The parity has been on a strong downhill trend the past few days.
Bull Market look
- Buy the BTC/USD pair and set a profit at 31,000.
- Set up a loss for 28,000
- Timeline: 1 day.
Forex Signal For BTC/USD: Hammer Pattern Indicates Further Upside
Bear Market view
- Stopping sales for 28,900 and set a profit at 26,000.
- Stop a loss for 31,000
The BTC/USD pair is trading at 30,000, down from last week’s low of 25,304 as investors stabilized over the weekend as investors bottomed out in the cryptocurrencies and tech sectors.
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