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Bitcoin tests the strength of the 50,000 level
Bitcoin tests the strength of the 50,000 level
Bitcoin is popular again with cryptocurrency traders and is growing in value. The price was able to break through the strong level of 50000 again and is approaching the nearest resistance of 50500. We place our order to open a position slightly above this level. We set the take profit order at the flat level of 51000, which is just below the next resistance level.
Symbol: BTCUSD
Order Type: Pending Order - Buy Stop
Entry Price at 50520.00
Take Profit at 51000.00
Pips Earning: 48000
Forex trade strategy and trading signals for major currency pairs:
EURUSD buy at the price of 1.1860
USDJPY sell at the price of 109.90
GBPUSD buy at the price of 1.3800
USDCHF buy at the price of 0.9165
Trading recommendation result
The profit can be $480.00 if the trading volume of 1 Futures.
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