Coin name: BTC
Long
Price: 100000$
(Enter on entry price)
10x leverage isolated
Sl: 960000$
Here I can see BTC is following a descending triangle, which is a bearish chart pattern, along with an inverse head and shoulders. Currently, BTC is holding a key support zone, and the market is likely to bounce back technically.
The Total Money Flow Index has bounced back from the 0.382 Fibonacci retracement level, indicating a possible move to the upside. However, if the war situation worsens, the market may drop again.
BTC dominance looks bullish as it is holding a support zone. If BTC dominance decreases, altcoins are expected to move up.
Target:
1) 104000$
2)106000$
3)107000$
4)108000$
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