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(Bitcoin 20x) goes long and the profit potential is 1,355%. FOR BINANCE:BTCUSDT by mudasir342 — TradingView


(Bitcoin 20x) goes long and the profit potential is 1,355%.

Bitcoin is in a very interesting position right now, trading below its April 2021 all-time high of $64,000. Also lower than November 2021, the price is $69,000. In this case, just below these two is the support

But there’s more.

Bitcoin is trading above its February 6 low of $60,000 and above its lowest low of around $62,510. The second one breaks easily, but that just creates a better entrance.

How did you prepare this chart? What’s the thinking behind such a deal?

(Bitcoin) has been tilting for three weeks, and it’s easy to assume that this pattern may continue. When the business reaches the upper part of the boundary, that is, the resistance zone, you can make a profit; “Sell at the resistance level”, when the process reaches the lower limit, you can buy in the support zone; “Buy at the support”

Unfortunately, (Bitcoin) is trading close to the bottom, not $60,000, but it’s very close, which gives us a chance to go a long way.

This is an extremely dangerous business model. Must be careful. (Experts only!)

The complete transaction data is as follows:
_____
long time

License: 20X

Ratio: 1355%

Allocation: 3%

Admission area: $61,100-$64,100

Target:

1) USD 69,050
2) USD 74,565
3) USD 79,023
4) $83,481
5) USD 89,828
6) 97,913.
7) $106,829

Stop Loss: Weekly Close Below $61,000
_____

When in doubt, choose the smaller size

Nothing helps us learn and grow like training, direct experience.

Even if you’re not quite ready, you can gain experience with very small positions…just get in, buy and hold, and let the market take care of the rest.

When one person disappears, the opportunities are endless and another one always appears. That’s the beauty of trading. We can only succeed if we persist

keep an open mind

Thank you very much for your continued support.

It’s time to swap.



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