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Forex Signal For BTC/USD: Pair Is Still In A Certain Range, But A Breakout Is Also Possible!

Forex Signal For BTC/USD: Pair Is Still In A Certain Range, But A Breakout Is Also Possible!Forex Signal For BTC/USD: Pair Is Still In A

Forex Signal For BTC/USD: Pair Is Still In A Certain Range, But A Breakout Is Also Possible!
Yazar: Ross Sutton

Yayınlanma: 8 Temmuz 2021 10:56

Güncellenme: 14 Kasım 2024 20:28

Forex Signal For BTC/USD: Pair Is Still In A Certain Range, But A Breakout Is Also Possible!

  Forex Signal For BTC/USD: Pair Is Still In A Certain Range, But A Breakout Is Also Possible!   The pair is likely to hover in these ranges today and it will likely fall as low as the $31,500 triangle support level.  

Bear Market Outlook

 
  • Sell ​​BTC/USD to take a profit at 31,500.
  • Add a stop-loss at 34,500.
  • Timetable: For 1-2 days.

Forex Signal For BTC/USD: Pair Is Still In A Certain Range, But A Breakout Is Also Possible!

Bull Market Outlook

 
  • Set a buy-stop at 34,000 and a win at 36,000.
  • Add a stop-loss at 33,000.
BTC/USD is in a tight range as traders contemplate the next major moves. Bitcoin is trading at $33,200 with Wednesday's high below $34,000. The leading crypto has a market cap of more than $626 billion. btcusd-08072021

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