TODAY'S PICK


BITCOIN TO US DOLLAR ($BTC-USD-NYSE): Technical Viewpoint: From a low of $29,925 on May 19, 2021 prices rallied, reaching a high of $41,307 on Jun 22, 2021. A decline saw prices pull back, reaching a low of $28,908 on Jun 28, 2021. Another rally saw prices penetrate resistance line "A", closing yesterday at $31,952. Technicals: Stochastic Oscillator (STOC): A Buy Alert! was given on Jul 21, 2021 when the solid line crossed the dotted line to the upside. Support: Remains at $29,500. Resistance: Is at $34,500. Point & Figure: Reversed to the upside on Jul 20, 2021. A P&F downside reversal takes place at $31,000. Summary: Technical indicators have turned bullish. BUY! BITCOIN TO US DOLLAR ($BTC-USD-NYSE) @ $32,850 Stop: Use a protective stop of $30,850. BITCOIN TO US DOLLAR is currently trading @ $31,952 plus $2,343 on Jul 21, 2021. Price Objective: $45,000. Risk/Reward: $2,000 VS. $8,000. Today's Risk Reward Ratio: 4:1

Three Part Technical Chart

Daily Candle Stick Chart Point & Figure Chart Technical

Price Objective: $45,000
Risk/Reward: $2,000 VS. $8,000
Risk/Reward Ratio: 4:1