Bitcoin - Weekly Forecast - Technical Analysis & Trading Ideas

24 ธ.ค. 2024

Midterm forecast: (Daily TF)

• 73777.00 is a major support, while this level is not broken, the Midterm wave will be uptrend.
  
• A trough is formed in daily chart at 92424 on 12/23/2024, so more gains to resistance(s) 99607, 102700, 108293 and more heights is expected.
  

Trading suggestion:

There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (94200 to 92231). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone.

We would set buy orders based on Daily-Trading-Opportunities and expect to reach short-term targets.

• Beginning of entry zone (94200)
  
• Ending of entry zone (92231)
  

Take Profits:

1. 99607
   
2. 102700
   
3. 108293
   
4. 110000
   
5. 115000
   
6. 118281
   
7. 120000
   
8. 125000
   
9. 130000
   
10. 134468
    

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ForecastCity Support Team