BTC/USDT has bounced from the 0.382 Fibonacci level, confirming support near 76,384. Price is now testing the 0.618 retracement at 78,430. A breakout above this level could lead to a continuation toward 82,392, aligning with the 0.786 level.
Order setup:
📉 Entry: Around 78,400 - 78,500
🎯 Target: 82,300, with potential extension to 83,000
🛑 Stop Loss: Below 76,380
The setup follows a Fibonacci-based retracement strategy with confirmation from volume increase and RSI support.
💡 Risk Management: Always follow a risk management strategy and never risk more than you can afford to lose.
🔔 Disclaimer: This is not financial advice. The content is for personal record-keeping and educational purposes only. Traders should conduct their own research before making any trading decisions.
Order setup:
📉 Entry: Around 78,400 - 78,500
🎯 Target: 82,300, with potential extension to 83,000
🛑 Stop Loss: Below 76,380
The setup follows a Fibonacci-based retracement strategy with confirmation from volume increase and RSI support.
💡 Risk Management: Always follow a risk management strategy and never risk more than you can afford to lose.
🔔 Disclaimer: This is not financial advice. The content is for personal record-keeping and educational purposes only. Traders should conduct their own research before making any trading decisions.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.