BTCUSD - From Strong Support Toward NEW High Level

14 de jul.

Generally, the direction is uptrend because trade is above the zone of 54,612 and 50,616.

Uptrend Side: To rise, the price should cross cross several levels, which is facing the price to reach the last high, previous resistance 73,327 and above it, the 79,590.

Breaking the 62.802 will support the price to start the first positive step and then stabilize above it. The level of 71,494 will be the last level, and our target is to cross also to touch the last high previous resistance of 73,327 and above it, the new high level 79,590.

Downtrend Side: The downtrend will be active when the price closes the 1D candle under support of 50,616.

Tendency Keys: 50,616

21 de jul.

Trade ativo

Based on our analysis, the price is trending upward and is expected to reach 17,494.

28 de jul.

Trade fechado: objetivo atingido

Based on our analysis, the price continues in a bullish trend and is currently trading around a downtrend. It is anticipated that the price will touch this trendline and then experience a short correction. Following this correction, it is expected that the price will attempt to break this trendline and stabilize above it.