🚀 Bitcoin (BTC) Analysis Alert! 🚀
Get ready to maximize your trades with our latest BTC/USDT analysis! 📈
Support and Resistance Levels:
Support: $60,000
Resistance: $62,390
Entry Strategy:
Utilize the 7-day (MA7), 25-day (MA25), and 99-day (MA99) moving averages to identify optimal entry points. When BTC price approaches the support level near $60,000, consider entering a long position. Watch for a breakout above the resistance at $62,390 to confirm an upward trend.
Indicators to Watch:
Directional Movement Index (DMI): Keep an eye on +DI and -DI for trend strength.
ADX Use it to gauge the momentum of the trend.
Stay ahead of the market and make informed decisions! 📊💡
#BTCReboundsAfterFOMC #BTCUptober #BTCPredictedNewATH #BTC100Ksoon