#BTC forming a small wedge pattern and now on a resistance area. LTF flip can drive the price up in short-term and towards the strong resistance too.

#BTC failed to close above the resistance and dropped back to the previous low made. Price again now building up for an drop to major support zone and a reversal from there.

#BTC drop to the zone as expected and strongly got its reaction from there. Still market looks bearish and need to see a Daily closure above $62,000, and market was expected to do this week. So Next Week will have a better clarity of the market.

#BTC gave a weekly candle closing a Doji candlestick, which shows an undecided market or more buyers are in. Currently, price is approaching towards the strong resistance area and have to see a Daily candle close above.

#BTC made a very shallow closing over the strong resistance area and swept out the tiny liquidity. Price now retracing a bit here and can retest the $63,600 area. Expecting a new higher high to be formed sooner.

#PRA
#BTC/USDT Analysis-

After a strong move, BTC retraces back and taken support around the breakout level. It recently broke out of W pattern and it is ready to go up with 1:2 risk to reward ratio.

T.F.- 15-M

ENTRY- as soon as it gives breakout above 65965-66000

SL- 65230

TARGET- 67452

Note: If the stop-loss is triggered before entry, disregard the trade as the price action may develop differently.
@RG_Analitics
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#BTC 67,000 🚀

#BTC Hits $67,000 🤝

#BTC gave a successful breakout of the strong resistance area and now expected to have a retest now. Daily candle looks healthy and looking for a price to hit $70,000 sooner.

#BTC still making higher high and higher lows on H4 TF, and we can still anticipate a pullback tp the support zone before moving up. The next major key which can push the price down is $69,000 - $70,000 area.