Bitcoin Bullets® Market Analysis
OCTOBER 22th, 2024
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⚪️TECHNICAL (DAILY)
The price action of $BTC on the daily timeframe has successfully broken out of the resistance trendline and retested the horizontal support level, which is marked between $66,936 to $65,821.
This retest strengthens the bullish momentum 📈, indicating that the price action could show further upward movement.
As long as the support holds, the breakout and retest signal a continuation of bullish strength, potentially driving the price action higher in the near term 🚀.
⚪️WRAP-UP (VIP)
[VIP ONLY]
$BTC DAILY RANGE:
📈Upper Limit: [VIP ONLY]
📉Lower Limit: [VIP ONLY]
(+-18.45 based on moving average volatility open/endpoints)
📌SCALP ENTRIES (VIP)
(*Advanced traders only - moderate/high risk)
🔵LONG
💲[VIP ONLY]
🔴SHORT
💲[VIP ONLY]
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Bitcoin Bullets® Trading