BTCUSDT Strong Bullish Channel!
2024-10-15

BTCUSDT (Day Chart) technical analysis update

BTC price is breaking the channel resistance on the daily chart after 220 days of formation. The price is trading above both the 100 and 200 EMA, indicating a potential bullish move in the coming days. My next target is $100K. This is a perfect positional trade with a risk-reward ratio of 1:5."

Buy level: Below $66,000

Support: $58,500

Regards
Hexa