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Forex Signal For BTC/USD: Consolidation Is Now Nearing End.

Forex Signal For BTC/USD: Consolidation Is Now Nearing End. Forex Signal For BTC/USD: Consolidation Is Now Nearing End.

Forex Signal For BTC/USD: Consolidation Is Now Nearing End.
Yazar: Ross Sutton

Yayınlanma: 30 Mayıs 2022 13:08

Güncellenme: 12 Kasım 2024 09:30

Forex Signal For BTC/USD: Consolidation Is Now Nearing End.

    Forex Signal For BTC/USD: Consolidation Is Now Nearing End. The pair is likely to continue consolidating today.  

Bull Market Outlook

 
  • Buy the BTC/USD pair and make a profit of 31,000.
  • Add a stop-loss at 28,000.
  • Timetable: 1-2 days.
 

Forex Signal For BTC/USD: Consolidation Is Now Nearing End.

 

Bear Market Outlook

 
  • Stop a sell at 28,400 and take a profit at 27,000.
  • Add a stop-loss at 20,000.
While the pair continues to diverge from US equities, BTC/USD stays in a tight range, trading at 29,210 where it has been for the past few days. This price is about 15% above the low in May this year.   btcusd-crispus-30052022  

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